Real Estate Investing in Brooklin, Maine (04616)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04616 (Brooklin, ME)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 54.5% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Brooklin, ME (04616)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 04616 Brooklin
ZIP 04616 inside Hancock looks affordable on the surface — median value of $458K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 04616 can be a a solid fit for hunting ground — but the discount at $458K reflects genuine risk that outside investors often underestimate.
In the broader ME picture, 04616 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 04616 includes headwinds that any investor should price in. Income distribution skews lower than Brooklin averages, and tenant stability requires active management.
The 04616 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Brooklin:
Property Strategy for 04616
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $389,200 | $1,840 | 3.4% | +5.6% | $194,600 |
| 3BR | $383,723 | $2,510 | 4.7% | +6.0% | $127,908 |
| 4BR | $520,182 | $2,520 | 3.5% | +6.8% | $130,046 |
Market Trends
Home Value History (with trend line)
📊 How Does 04616 Compare?
| Metric | 04616 | Brooklin | Maine |
|---|---|---|---|
| Home Value | $458,066 | $458,066 | $401,109 |
| 5-Year CAGR | 3.3% | 3.3% | 8.6% |
| Avg Rent | $1,656 | $1,656 | - |
| 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 04616 (Brooklin, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $458,066 |
| Monthly Rent | $1,656 |
| Price-to-Rent | 23.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +3.3% ▲ |
| 10-Year CAGR | N/A |
🏠 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 04616
Population: 817
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 04616
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
What price range are homes in Brooklin, ME?
In Brooklin, ME the median home value sits at $458K. Against the broader ME market, that reads as reasonable for most investors.
Where do rents currently stand in Brooklin, ME?
Rent in Brooklin, ME is around $1,656/mo. The resulting rent-to-value relationship with $458K pricing is reasonable for most investor models.
Is it easy to find good tenants in Brooklin, ME?
Brooklin, ME offers a consistent renter base at the $1,656/mo rent level. Tenant turnover is reasonable for well-managed properties.
How do experienced investors play Brooklin, ME?
Brooklin, ME investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($458K prices, $1,656/mo rents) make it a reasonable choice.
How does Brooklin, ME stack up for property investment?
The 3.0/5 investability rating in Brooklin, ME reflects its $458K prices and $1,656/mo rents. Investors generally consider it a solid option within ME.
You know 04616 now. You don’t know where it ranks.
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