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Market MapPortland, ME
Metropolitan Area

Portland, ME

Maine0
46
/100
Hold
#783 of 894 metros
Top 87% nationally for investing

Market Snapshot

$542,063
Median Home Price
113% above national median
$2,320/mo
Median Rent
67% above national median
5.14%
Rent-to-Price Ratio
Top 71% nationally
-$1,333
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$542,063
Down Payment (20%)$108,413
Loan Amount$433,650
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,320
Monthly P&I-$2,842
Est. Expenses (35%)-$812
Net Cash Flow-$1,333/mo
3.3%
Cap Rate (all cash)
-12.8%
Cash-on-Cash Return
5.14%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.3% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
46/100
46
Cash Flow(30%)
47/100

Based on 5.14% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
60/100

Based on 1.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
23/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Below-average rent-to-price ratio (5.14%)
  • -Negative cash flow at typical financing (-$1,333/mo)
  • -Negative leverage (cap rate 3.3% < mortgage rate 6.9%)
  • -High price-to-income ratio makes financing challenging

Counties in Portland, ME

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Palestine, TX
Palestine, TX
66$218,792$1,3777.55%BuyView
Mount Pleasant, MI
Mount Pleasant, MI
66$230,989$1,0235.31%BuyView
Rio Grande City, TX
Rio Grande City, TX
66$145,773Est.BuyView
Palatka, FL
Palatka, FL
66$220,763$1,3157.15%BuyView
Evanston, WY
Evanston, WY
66$333,754Est.BuyView
Current
Portland, ME
46$542,063$2,3205.14%Hold

The Bottom Line

HoldPortland, ME is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Portland, ME metro area scores 46/100, ranking #783 of 894 US metros (top 87%). The 5.14% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-1,333/mo
Cap Rate
3.3%
Cash-on-Cash
-14.8%

Ready to Invest in Portland, ME?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

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