Real Estate Investing in Temple, Maine (04984)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04984 (Temple, 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: 29.0% 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 Temple, ME (04984)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 04984 Temple
The 04984 ZIP in Temple, ME is a local-operator market. Outside capital chasing a $248K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $248K asset, 04984 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 04984 sits on the difficult end of the ME spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 04984 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 04984 is an operator game, not a passive one. On balance, entry prices of $248K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Temple:
Market Trends
Home Value History (with trend line)
📊 How Does 04984 Compare?
| Metric | 04984 | Temple | Maine |
|---|---|---|---|
| Home Value | $248,245 | $248,245 | $401,109 |
| 5-Year CAGR | 4.4% | 4.4% | 8.6% |
| Avg Rent | $1,080 | $1,080 | - |
| Cap Rate | 3.4% | 3.4% | - |
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 04984 (Temple, ME). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 04984 (Temple, ME)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $248,245 |
| Monthly Rent | $1,080 |
| Price-to-Rent | 19.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +3.2% ▲ |
| 5-Year CAGR | +4.4% ▲ |
| 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 (3.4%). 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 04984
Population: 679
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
What do rentals go for in Temple, ME?
Rental rates in Temple, ME average $1,080/mo. Tenant demand and $248K home values make the yield look reasonable by investor standards.
Are eviction rules reasonable in Temple, ME?
Temple, ME falls under ME landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What strategy should investors use in Temple, ME?
Investors usually favor careful cash-flow rentals with hands-on management in Temple, ME. With home values at $248K and rents near $1,080/mo, other strategies can work but produce measured rather than outsized returns.
Do rentals sit vacant long in Temple, ME?
Rental vacancy in Temple, ME is elevated. Investors should budget normal turnover but not chronic empty units.
Does house hacking make sense in Temple, ME?
House hacking works a challenging in Temple, ME. Rents of $1,080/mo against $248K acquisition make the strategy solid for owner-occupants.
You know 04984 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04984 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 04984 (Temple)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 04984 (Temple, ME).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.