Real Estate Investing in Lebanon, Maine (04027)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04027 (Lebanon, 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: 9.3% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lebanon, ME (04027)?
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Market Analysis: 04027 Lebanon
Investors eyeing 04027 need to respect the fundamentals at play. Home values of $417K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 04027 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 04027 and stronger Lebanon ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The demographic picture in 04027 includes headwinds that any investor should price in. Income distribution skews lower than Lebanon averages, and tenant stability requires active management.
New investors are better served looking at Lebanon's stable or hybrid ZIPs before stepping into 04027. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Lebanon:
Market Trends
Home Value History (with trend line)
📊 How Does 04027 Compare?
| Metric | 04027 | Lebanon | Portland-South Portland, ME | Maine |
|---|---|---|---|---|
| Home Value | $416,828 | $416,828 | N/A | $401,109 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 8.6% |
| Avg Rent | $1,710 | $1,710 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 04027 (Lebanon, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $416,828 |
| Monthly Rent | $1,710 |
| Price-to-Rent | 20.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (3.2%). 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 04027
Population: 6,569
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 04027
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
Frequently Asked Questions
How expensive is real estate in Lebanon, ME?
The median home value in Lebanon, ME is roughly $417K. That puts it reasonable relative to the ME statewide average.
What is the best play in Lebanon, ME?
Lebanon, ME investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($417K prices, $1,710/mo rents) make it a reasonable choice.
How much is rent in Lebanon, ME?
Lebanon, ME rentals go for roughly $1,710/mo a month. That puts gross yield in solid territory relative to $417K acquisition costs.
Should investors worry about vacancy in Lebanon, ME?
Vacancy in Lebanon, ME is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,710/mo.
How do landlord-tenant laws work in Lebanon, ME?
ME ranks as a landlord-friendly state for landlord-tenant law. Lebanon generally follows the statewide framework, so landlords face reasonable operating rules.
You know 04027 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04027 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 04027 ranks in Portland-South Portland, ME
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Community Ratings
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