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Market MapMaineKennebec

Kennebec County

MainePopulation: 124,003
53
/100
Hold
#716 of 1,000 counties
#7 in Maine (16 counties)

Market Snapshot

$307,224
Median Home Price
12% above national median
$1,443/mo
Median Rent
4% below national median
5.64%
Rent-to-Price Ratio
Top 60% nationally
-$672
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$307,224
Down Payment (20%)$61,445
Loan Amount$245,779
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,443
Monthly P&I-$1,610
Est. Expenses (35%)-$505
Net Cash Flow-$672/mo
3.7%
Cap Rate (all cash)
-11.4%
Cash-on-Cash Return
5.64%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.7% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
53/100
53
Cash Flow(30%)
55/100

Based on 5.64% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
51/100

Based on 0.1% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
56/100

Price-to-income ratio of 4.9x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Complete rent data available

Challenges

  • -Negative cash flow at typical financing (-$672/mo)
  • -Negative leverage (cap rate 3.7% < mortgage rate 6.9%)

Economic Indicators

Population
124,003
Median Income
$62,118
vs $62,400 national est.
Unemployment Rate
—
Data pending
Price-to-Income
4.9x
Moderately affordable

Compare to Nearby Counties

CountyVerdict
AndroscogginME
57$319,791$1,5525.82%HoldView
WashingtonME
54$192,446Est. pending—HoldView
CurrentKennebecME
53$307,224$1,4435.64%Hold
SagadahocME
50$416,709$1,9005.47%HoldView
FranklinME
50$281,697Est. pending—HoldView
WaldoME
49$323,777Est. pending—HoldView

The Bottom Line

HoldKennebec is a neutral market. Consider house hacking or targeting below-market deals.

Kennebec County in Maine scores 53/100, ranking #716 of 1,000 US counties (top 72%). The 5.64% rent-to-price ratio may require creative strategies or below-market purchases for positive cash flow. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow
$-672/mo
Cap Rate
3.7%
Cash-on-Cash
-11.4%

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