Real Estate Investing in Mars Hill, Maine (04758)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04758 (Mars Hill, ME)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 12.8% 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 Mars Hill, ME (04758)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 04758 Mars Hill
The 04758 ZIP covers a section of Mars Hill that demands careful diligence. Prices near $153K look accessible, but the work to make a deal cash flow is real.
Rent of $1,017/mo on a $153K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 04758 sits below the stated 0.0% once reality is priced in.
Within ME, ZIP 04758 trails on several market indicators that neighboring Aroostook County submarkets outperform. The gap is real and robust enough to shape underwriting.
A notable renter share of 32% in 04758 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. substantial returns are possible in 04758, 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 Mars Hill:
Market Trends
Home Value History (with trend line)
📊 How Does 04758 Compare?
| Metric | 04758 | Mars Hill | Maine |
|---|---|---|---|
| Home Value | $152,809 | $152,809 | $401,109 |
| 5-Year CAGR | N/A | N/A | 8.6% |
| Avg Rent | $1,017 | $1,017 | - |
| Cap Rate | 5.2% | 5.2% | - |
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 04758 (Mars Hill, ME). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 04758 (Mars Hill, ME)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $152,809 |
| Monthly Rent | $1,017 |
| Price-to-Rent | 12.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.0% |
| Cap Rate | 5.2% |
| 5-Year IRR | 17.6% |
📈 Home Appreciation
| 1-Year | +12.4% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 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 (5.2%). 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 04758
Population: 1,524
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 04758
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 551 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are homes affordable in Mars Hill, ME?
Mars Hill, ME home values average about $153K. That price point suits investors targeting rentals with $1,017/mo in monthly income.
Should investors consider Mars Hill, ME?
With a 2.0/5 investability score, Mars Hill, ME ranks as a solid market for rental property investors. Median prices of $153K and rents of $1,017/mo drive the underlying numbers.
Is Mars Hill, ME suited for a house hack?
The a challenging house-hack environment in Mars Hill, ME reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How landlord-friendly is Mars Hill, ME?
Landlord-friendliness in Mars Hill, ME is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What are rental rates like in Mars Hill, ME?
Rental rates in Mars Hill, ME average $1,017/mo. Tenant demand and $153K home values make the yield look reasonable by investor standards.
You know 04758 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04758 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.
AI Market Advisor
Ask questions about investing in 04758 (Mars Hill)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 04758 (Mars Hill, ME).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.