Real Estate Investing in Lincoln, Maine (04457)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04457 (Lincoln, ME)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 22.9% 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 Lincoln, ME (04457)?
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Market Analysis: 04457 Lincoln
The 04457 ZIP covers a section of Lincoln that demands careful diligence. Prices near $234K look accessible, but the work to make a deal cash flow is real.
The 04457 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 04457 among ME's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
On the rental side, 5,755 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 04457 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Lincoln:
Property Strategy for 04457
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $203,973 | $1,290 | 4.6% | — | $101,986 |
| 3BR | $237,220 | $1,650 | 5.0% | +9.6% | $79,073 |
Market Trends
Home Value History (with trend line)
📊 How Does 04457 Compare?
| Metric | 04457 | Lincoln | Bangor, ME | Maine |
|---|---|---|---|---|
| Home Value | $233,851 | $233,851 | N/A | $401,109 |
| 5-Year CAGR | 8.4% | 8.4% | N/A | 8.6% |
| Avg Rent | $1,161 | $1,161 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
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 04457 (Lincoln, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $233,851 |
| Monthly Rent | $1,161 |
| Price-to-Rent | 16.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 12.3% |
📈 Home Appreciation
| 1-Year | +13.4% ▲ |
| 3-Year CAGR | +7.5% ▲ |
| 5-Year CAGR | +8.4% ▲ |
| 10-Year CAGR | +9.5% ▲ |
🏠 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 (3.9%). 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 04457
Population: 5,755
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 04457
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 rental rate in Lincoln, ME?
Investors in Lincoln, ME typically see rents near $1,161/mo per month against $234K home values - a solid setup for rental cash flow.
How much should I expect to pay for a home in Lincoln, ME?
Typical homes in Lincoln, ME go for around $234K. The 5-year CAGR of 0.0% predictable price movement.
Is Lincoln, ME a smart market for rental property?
The 3.0/5 investability rating in Lincoln, ME reflects its $234K prices and $1,161/mo rents. Investors generally consider it a solid option within ME.
What are vacancy rates like in Lincoln, ME?
Lincoln, ME sees elevated vacancy, which is reasonable relative to the broader ME rental market.
Does a duplex house hack pencil in Lincoln, ME?
For house hackers, Lincoln, ME is a challenging. The $1,161/mo rent on a unit helps defray the mortgage on a $234K property.
You know 04457 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04457 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 04457 ranks in Bangor, ME
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