Real Estate Investing in Fryeburg, Maine (04037)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04037 (Fryeburg, 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: 30.4% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Fryeburg, ME (04037)?
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Market Analysis: 04037 Fryeburg
ZIP 04037 in Fryeburg, ME carries a substantial set of headwinds. Home values near $355K and rents of $1,260/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 04037 can be a a viable market for hunting ground — but the discount at $355K reflects genuine risk that outside investors often underestimate.
ZIP 04037's metrics run below Oxford County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 04037 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 04037 is an operator game, not a passive one. Turning to rents, entry prices of $355K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Fryeburg:
Property Strategy for 04037
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $284,823 | $1,400 | 3.5% | — | $142,412 |
| 3BR | $346,806 | $1,950 | 4.0% | +9.9% | $115,602 |
Market Trends
Home Value History (with trend line)
📊 How Does 04037 Compare?
| Metric | 04037 | Fryeburg | Maine |
|---|---|---|---|
| Home Value | $354,999 | $354,999 | $401,109 |
| 5-Year CAGR | 6.8% | 6.8% | 8.6% |
| Avg Rent | $1,260 | $1,260 | - |
| Cap Rate | 2.8% | 2.8% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 04037 (Fryeburg, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $354,999 |
| Monthly Rent | $1,260 |
| Price-to-Rent | 23.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 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 (2.8%). 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 04037
Population: 3,949
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 04037
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 do tenants pay in Fryeburg, ME?
Fryeburg, ME rentals go for roughly $1,260/mo a month. That puts gross yield in solid territory relative to $355K acquisition costs.
How strong is the working-renter base in Fryeburg, ME?
Expect a solid tenant pool in Fryeburg, ME. The rental market absorbs $1,260/mo rents without meaningful friction.
What strategy should investors use in Fryeburg, ME?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Fryeburg, ME. The numbers - $355K homes against $1,260/mo rents - support that play.
Can owner-occupants cash flow in Fryeburg, ME?
House hacking works a challenging in Fryeburg, ME. Rents of $1,260/mo against $355K acquisition make the strategy solid for owner-occupants.
Is Fryeburg, ME a good place for real estate investing?
Our data puts Fryeburg, ME at 3.0/5 for investability. Home prices of $355K and rents around $1,260/mo create a solid backdrop for investor activity.
You know 04037 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04037 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.
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