Real Estate Investing in Montville, Maine (04941)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04941 (Montville, ME)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 16.8% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Montville, ME (04941)?
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Market Analysis: 04941 Montville
Put differently, ZIP 04941 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $302K median. It rewards specialists, not generalists.
On the rental side, the numbers look inviting — $302K purchase price, 0.0% nominal cap — the work to hit that pro forma in 04941 is substantial and deserves full respect.
In the broader ME picture, 04941 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A robust renter share of 17% in 04941 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 04941 is an operator game, not a passive one. On balance, entry prices of $302K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Montville:
Market Trends
Home Value History (with trend line)
📊 How Does 04941 Compare?
| Metric | 04941 | Montville | Maine |
|---|---|---|---|
| Home Value | $302,012 | $302,012 | $401,109 |
| 5-Year CAGR | 6.4% | 6.4% | 8.6% |
| Avg Rent | $1,008 | $1,008 | - |
| Cap Rate | 2.6% | 2.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 04941 (Montville, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $302,012 |
| Monthly Rent | $1,008 |
| Price-to-Rent | 25.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 04941
Population: 1,524
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
Frequently Asked Questions
How strong is the working-renter base in Montville, ME?
Tenant quality in Montville, ME ranks as solid. Landlords generally report measured occupancy at market rents of $1,008/mo.
How does Montville, ME rate as a rental market?
Our data puts Montville, ME at 3.0/5 for investability. Home prices of $302K and rents around $1,008/mo create a solid backdrop for investor activity.
Where do home prices stand in Montville, ME?
Typical homes in Montville, ME go for around $302K. The 5-year CAGR of 0.0% consistent price movement.
Can owner-occupants cash flow in Montville, ME?
The house hack math a challenging in Montville, ME. Owner-occupant buyers benefit from the $1,008/mo rents and $302K home values.
How tight is the rental market in Montville, ME?
Montville, ME sees elevated vacancy, which is reasonable relative to the broader ME rental market.
You know 04941 now. You don’t know where it ranks.
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