Real Estate Investing in Caribou, Maine (04736)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04736 (Caribou, 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.
- Elevated vacancy: 10.4% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Caribou, ME (04736)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 04736 Caribou
Investors eyeing 04736 need to respect the fundamentals at play. Home values of $171K come alongside slower price movement and elevated management overhead.
Rent of $1,026/mo on a $171K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 04736 sits below the stated 0.0% once reality is priced in.
On balance, 04736 offers a low basis, the region around Caribou has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 04736 ZIP's population of 9,107 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
New investors are better served looking at Caribou's stable or hybrid ZIPs before stepping into 04736. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Caribou:
Property Strategy for 04736
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $133,394 | $1,140 | 6.2% | +9.3% | $66,697 |
| 3BR | $169,994 | $1,560 | 6.6% | +8.7% | $56,665 |
| 4BR | $196,930 | $1,620 | 5.9% | +8.5% | $49,232 |
Market Trends
Home Value History (with trend line)
📊 How Does 04736 Compare?
| Metric | 04736 | Caribou | Maine |
|---|---|---|---|
| Home Value | $170,767 | $170,767 | $401,109 |
| 5-Year CAGR | 7.0% | 7.0% | 8.6% |
| Avg Rent | $1,026 | $1,026 | - |
| Cap Rate | 4.7% | 4.7% | - |
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 04736 (Caribou, ME). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 04736 (Caribou, ME)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $170,767 |
| Monthly Rent | $1,026 |
| Price-to-Rent | 13.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 11.7% |
📈 Home Appreciation
| 1-Year | +7.5% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (4.7%). 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 04736
Population: 9,107
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 04736
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
Are tenants stable in Caribou, ME?
Working renters make up the core of the Caribou, ME tenant base. The pool is reasonable for investors targeting long-term holds.
Are landlord laws favorable in Caribou, ME?
Rental owners in Caribou, ME deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Which real estate strategy fits Caribou, ME?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Caribou, ME. The numbers - $171K homes against $1,026/mo rents - support that play.
Is Caribou, ME a good market for FHA house hackers?
Caribou, ME is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $171K price point reasonable to enter.
What price range are homes in Caribou, ME?
Median home price in Caribou, ME is near $171K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
You know 04736 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04736 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 04736 (Caribou)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 04736 (Caribou, ME).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.