Real Estate Investing in Kingfield, Maine (04947)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04947 (Kingfield, 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: 71.8% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 33.4 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Kingfield, ME (04947)?
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Market Analysis: 04947 Kingfield
ZIP 04947 inside Franklin County looks affordable on the surface — median value of $565K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $1,413/mo on a $565K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 04947 sits below the stated 0.0% once reality is priced in.
In the broader ME picture, 04947 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
In practical terms, 1,584 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The 04947 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Kingfield:
Market Trends
Home Value History (with trend line)
📊 How Does 04947 Compare?
| Metric | 04947 | Kingfield | Maine |
|---|---|---|---|
| Home Value | $565,494 | $565,494 | $401,109 |
| 5-Year CAGR | 5.6% | 5.6% | 8.6% |
| Avg Rent | $1,413 | $1,413 | - |
| Cap Rate | 2.0% | 2.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 04947 (Kingfield, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $565,494 |
| Monthly Rent | $1,413 |
| Price-to-Rent | 33.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 2.0% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +9.2% ▲ |
🏠 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 (2.0%). 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 04947
Population: 1,584
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
🎓 Schools in 04947
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How much rent can I charge in Kingfield, ME?
Average rent in Kingfield, ME is approximately $1,413/mo per month. Against $565K home values that yields a reasonable rent-to-price ratio.
How strict are landlord regulations in Kingfield, ME?
For rental operators, Kingfield, ME rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Does Kingfield, ME make sense for an investment property?
Yes - Kingfield, ME a 3.0/5 investability score. With $565K home prices against $1,413/mo monthly rent, the market delivers a reasonable entry point for new investors.
What real estate strategy is ideal for Kingfield, ME?
The best-fit strategy in Kingfield, ME is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How tight is the rental market in Kingfield, ME?
Vacancy in Kingfield, ME is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,413/mo.
You know 04947 now. You don’t know where it ranks.
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