Real Estate Investing in Gouldsboro, Maine (04607)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04607 (Gouldsboro, 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: 37.1% 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 Gouldsboro, ME (04607)?
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Market Analysis: 04607 Gouldsboro
Investors eyeing 04607 need to respect the fundamentals at play. Home values of $395K come alongside slower price movement and elevated management overhead.
Rent of $1,350/mo on a $395K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 04607 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 04607 among ME's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 04607 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 04607 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 Gouldsboro:
Market Trends
Home Value History (with trend line)
📊 How Does 04607 Compare?
| Metric | 04607 | Gouldsboro | Maine |
|---|---|---|---|
| Home Value | $394,594 | $394,594 | $401,109 |
| 5-Year CAGR | 4.4% | 4.4% | 8.6% |
| Avg Rent | $1,350 | $1,350 | - |
| 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 04607 (Gouldsboro, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $394,594 |
| Monthly Rent | $1,350 |
| Price-to-Rent | 24.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +8.3% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 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 04607
Population: 1,264
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much is rent in Gouldsboro, ME?
Rental rates in Gouldsboro, ME average $1,350/mo. Tenant demand and $395K home values make the yield look reasonable by investor standards.
Are homes affordable in Gouldsboro, ME?
Expect median prices around $395K in Gouldsboro, ME. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
How quickly do rentals get leased in Gouldsboro, ME?
Gouldsboro, ME sees elevated vacancy, which is reasonable relative to the broader ME rental market.
Is Gouldsboro, ME landlord-friendly?
The landlord environment in Gouldsboro, ME is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
How does Gouldsboro, ME rate as a rental market?
Investors tracking Gouldsboro, ME will find a 3.0/5 rating supported by $395K median home values and $1,350/mo rents. That profile suits long-term holders targeting reliable returns.
You know 04607 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04607 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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