Real Estate Investing in Shapleigh, Maine (04076)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04076 (Shapleigh, 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: 44.9% 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 Shapleigh, ME (04076)?
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Market Analysis: 04076 Shapleigh
ZIP 04076 in Shapleigh, ME carries a robust set of headwinds. Home values near $417K and rents of $1,683/mo sit inside a market where underwriting has to be tight.
The investment case in 04076 is resilient only for operators who understand what they are buying. A $417K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 04076 and stronger Shapleigh ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 04076 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. substantial returns are possible in 04076, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Shapleigh:
Property Strategy for 04076
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $396,243 | $1,870 | 3.4% | — | $198,122 |
| 3BR | $437,290 | $2,500 | 4.1% | +8.3% | $145,763 |
Market Trends
Home Value History (with trend line)
📊 How Does 04076 Compare?
| Metric | 04076 | Shapleigh | Portland-South Portland, ME | Maine |
|---|---|---|---|---|
| Home Value | $417,404 | $417,404 | N/A | $401,109 |
| 5-Year CAGR | 3.5% | 3.5% | N/A | 8.6% |
| Avg Rent | $1,683 | $1,683 | 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 04076 (Shapleigh, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $417,404 |
| Monthly Rent | $1,683 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.2% |
| 5-Year IRR | 6.6% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 04076
Population: 2,954
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 04076
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
What is the typical home price in Shapleigh, ME?
In Shapleigh, ME the median home value sits at $417K. Against the broader ME market, that reads as reasonable for most investors.
What kind of market is Shapleigh, ME for investors?
Our data puts Shapleigh, ME at 3.0/5 for investability. Home prices of $417K and rents around $1,683/mo create a solid backdrop for investor activity.
What is the typical vacancy rate in Shapleigh, ME?
Occupancy in Shapleigh, ME runs stable with elevated vacancy. Well-priced units at $1,683/mo lease on reasonable timelines.
Does Shapleigh, ME favor landlords or tenants?
Rental owners in Shapleigh, ME deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What real estate strategy is ideal for Shapleigh, ME?
Shapleigh, ME investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($417K prices, $1,683/mo rents) make it a reasonable choice.
You know 04076 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04076 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 04076 ranks in Portland-South Portland, ME
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