Real Estate Investing in Bucksport, Maine (04416)
Should you buy in 04416 (Bucksport, ME)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.2% vacancy may signal weakening demand.
What’s happening in Bucksport, ME (04416)?
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Market Analysis: 04416 Bucksport
Investors eyeing 04416 need to respect the fundamentals at play. Home values of $281K come alongside slower price movement and elevated management overhead.
Rent of $1,224/mo on a $281K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 04416 sits below the stated 0.0% once reality is priced in.
Put differently, 04416 offers a low basis, the region around Bucksport has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A significant renter share of 21% in 04416 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 04416 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Bucksport:
Property Strategy for 04416
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $258,934 | $1,360 | 3.8% | +10.9% | $129,467 |
| 3BR | $303,832 | $1,850 | 4.4% | +10.5% | $101,277 |
| 4BR | $314,747 | $1,860 | 4.3% | +10.9% | $78,687 |
Market Trends
Home Value History (with trend line)
📊 How Does 04416 Compare?
| Metric | 04416 | Bucksport | Maine |
|---|---|---|---|
| Home Value | $281,407 | $281,407 | $401,109 |
| 5-Year CAGR | 7.7% | 7.7% | 8.6% |
| Avg Rent | $1,224 | $1,224 | - |
| Cap Rate | 3.4% | 3.4% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 04416 (Bucksport, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $281,407 |
| Monthly Rent | $1,224 |
| Price-to-Rent | 19.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 11.1% |
📈 Home Appreciation
| 1-Year | +1.5% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +7.7% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (3.4%). 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 04416
Population: 5,503
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 04416
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 723 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Bucksport, ME?
The median home value in Bucksport, ME is roughly $281K. That puts it reasonable relative to the ME statewide average.
Is Bucksport, ME good for house hacking?
The house hack math a challenging in Bucksport, ME. Owner-occupant buyers benefit from the $1,224/mo rents and $281K home values.
Is Bucksport, ME good for landlords?
For rental operators, Bucksport, ME rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What do landlords charge for rent in Bucksport, ME?
Expect rents around $1,224/mo per month in Bucksport, ME. With home values at $281K, the yield math works out to reasonable levels for rental investors.
What is the typical renter like in Bucksport, ME?
Bucksport, ME offers a stable renter base at the $1,224/mo rent level. Tenant turnover is reasonable for well-managed properties.
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