Real Estate Investing in Oakfield, Maine (04763)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04763 (Oakfield, 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: 35.1% 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 Oakfield, ME (04763)?
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Market Analysis: 04763 Oakfield
Not every below-median market is a bargain. Oakfield's 04763 ZIP clocks in at signals that favor experienced operators who can absorb the risk $163K pricing implies.
The 04763 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader ME picture, 04763 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 04763 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 04763 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 Oakfield:
Market Trends
Home Value History (with trend line)
📊 How Does 04763 Compare?
| Metric | 04763 | Oakfield | Maine |
|---|---|---|---|
| Home Value | $162,871 | $162,871 | $401,109 |
| 5-Year CAGR | N/A | N/A | 8.6% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 4.2% | 4.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 04763 (Oakfield, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $162,871 |
| Monthly Rent | $873 |
| Price-to-Rent | 15.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.2% |
| 5-Year IRR | 5.9% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 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 (4.2%). 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 04763
Population: 653
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
Frequently Asked Questions
Is Oakfield, ME better for rentals, flips, or BRRRR?
For Oakfield, ME, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Where do home prices stand in Oakfield, ME?
Oakfield, ME home values average about $163K. That price point suits investors targeting rentals with $873/mo in monthly income.
What is the typical rental rate in Oakfield, ME?
Investors in Oakfield, ME typically see rents near $873/mo per month against $163K home values - a solid setup for rental cash flow.
Is ME a landlord-friendly state?
Landlord-friendliness in Oakfield, ME is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Do rentals sit vacant long in Oakfield, ME?
Expect elevated vacancy in Oakfield, ME. Rents at $873/mo are absorbed by the tenant base without meaningful lag.
You know 04763 now. You don’t know where it ranks.
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