Real Estate Investing in Fairfield, Maine (04937)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04937 (Fairfield, 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.
No major risk flags on the data we track.
What’s happening in Fairfield, ME (04937)?
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Market Analysis: 04937 Fairfield
ZIP 04937 in Fairfield, ME carries a solid set of headwinds. Home values near $251K and rents of $1,288/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 04937 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
From a cash-flow lens, 04937 offers a low basis, the region around Fairfield has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 04937 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 04937 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 Fairfield:
Property Strategy for 04937
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $203,735 | $1,230 | 4.3% | +11.9% | $101,868 |
| 3BR | $237,917 | $1,640 | 5.0% | +10.7% | $79,306 |
| 4BR | $300,506 | $1,760 | 4.2% | +10.8% | $75,126 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 04937 Compare?
| Metric | 04937 | Fairfield | Maine |
|---|---|---|---|
| Home Value | $251,230 | $251,230 | $401,109 |
| 5-Year CAGR | 7.4% | 7.4% | 8.6% |
| Avg Rent | $1,288 | $1,288 | - |
| Cap Rate | 4.0% | 4.0% | - |
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 04937 (Fairfield, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $251,230 |
| Monthly Rent | $1,288 |
| Price-to-Rent | 16.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 11.4% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +7.4% ▲ |
| 10-Year CAGR | +8.9% ▲ |
🏠 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 (4.0%). 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 04937
Population: 6,411
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 04937
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 747 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What approach is best for Fairfield, ME real estate?
The best-fit strategy in Fairfield, ME is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Does Fairfield, ME favor landlords or tenants?
Fairfield, ME operates under ME law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
How high is vacancy risk in Fairfield, ME?
Fairfield, ME carries elevated vacancy risk. Expect measured absorption at market rents of $1,288/mo.
Does a duplex house hack pencil in Fairfield, ME?
The a challenging house-hack environment in Fairfield, ME reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Are renters plentiful in Fairfield, ME?
Working renters make up the core of the Fairfield, ME tenant base. The pool is reasonable for investors targeting long-term holds.
You know 04937 now. You don’t know where it ranks.
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