Real Estate Investing in Minot, Maine (04258)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04258 (Minot, ME)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Minot, ME (04258)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 04258 Minot
ZIP 04258 inside Androscoggin County looks affordable on the surface — median value of $394K — but the discount exists for reasons that a careful buyer should understand before committing.
The 04258 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 04258 among ME's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 04258 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Minot:
Market Trends
Home Value History (with trend line)
📊 How Does 04258 Compare?
| Metric | 04258 | Minot | Lewiston-Auburn, ME | Maine |
|---|---|---|---|---|
| Home Value | $393,690 | $393,690 | N/A | $401,109 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 8.6% |
| Avg Rent | $1,377 | $1,377 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 04258 (Minot, ME). Anonymous, moderated, never written by AI.
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Property managers serving Androscoggin County
Manage rentals here? List your business →Central Maine Property Management, Inc. provides professional service to tenants and property owners across Maine since 2002. summary from their website
Great Falls Property Management provides property management services. summary from their website
H&S Reny Property Management, Inc. is a full-service real estate management company serving Lewiston, Auburn, and surrounding communities. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $393,690 |
| Monthly Rent | $1,377 |
| Price-to-Rent | 23.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 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 (2.7%). 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 04258
Population: 2,774
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 04258
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
Investor Insight: With 1,549 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is Minot, ME for investors?
Our data puts Minot, ME at 3.0/5 for investability. Home prices of $394K and rents around $1,377/mo create a solid backdrop for investor activity.
How much is rent in Minot, ME?
Rents in Minot, ME run near $1,377/mo. Compared with median home prices of $394K that produces solid gross yields for typical rentals.
What approach is best for Minot, ME real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Minot, ME. The numbers - $394K homes against $1,377/mo rents - support that play.
How quickly do rentals get leased in Minot, ME?
Vacancy risk in Minot, ME is elevated. That supports steady cash flow for typical rental holds.
What kind of tenants rent in Minot, ME?
Minot, ME offers a consistent renter base at the $1,377/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 04258 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04258 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 04258 ranks in Lewiston-Auburn, ME
Every ZIP in this metro, ranked. Free.
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