Real Estate Investing in Topsham, Vermont (05040)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 05040 (Topsham, VT)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Elevated vacancy: 9.6% vacancy may signal weakening demand.
- Higher unemployment: 7.0% unemployment — tenant risk signal.
• 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 Topsham, VT (05040)?
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Market Analysis: 05040 Topsham
This part of Orange County is not an easy win. The 05040 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $309K asset, 05040 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 05040 among VT's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Stepping back, 568 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Topsham:
Market Trends
Home Value History (with trend line)
📊 How Does 05040 Compare?
| Metric | 05040 | Topsham | Lebanon, NH-VT | Vermont |
|---|---|---|---|---|
| Home Value | $309,303 | $277,567 | N/A | $387,631 |
| 5-Year CAGR | N/A | N/A | N/A | 6.4% |
| Avg Rent | $1,269 | $1,239 | N/A | - |
| Cap Rate | 3.2% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 05040 (Topsham, VT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $309,303 |
| Monthly Rent | $1,269 |
| Price-to-Rent | 20.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 13.6% |
📈 Home Appreciation
| 1-Year | +10.4% ▲ |
| 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 (3.2%). 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 05040
Population: 568
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 05040
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.
Frequently Asked Questions
What is the renter demographic in Topsham, VT?
Expect a solid tenant pool in Topsham, VT. The rental market absorbs $1,269/mo rents without meaningful friction.
Is Topsham in VT worth investing in?
The 2.0/5 investability rating in Topsham, VT reflects its $309K prices and $1,269/mo rents. Investors generally consider it a solid option within VT.
How much should I expect to pay for a home in Topsham, VT?
The median home value in Topsham, VT is roughly $309K. That puts it reasonable relative to the VT statewide average.
How strict are landlord regulations in Topsham, VT?
VT ranks as a balanced state for landlord-tenant law. Topsham generally follows the statewide framework, so landlords face reasonable operating rules.
Does house hacking work in Topsham, VT?
House hacking in Topsham, VT is a challenging. With home values around $309K and rents at $1,269/mo, owner-occupants can offset a meaningful share of PITI.
You know 05040 now. You don’t know where it ranks.
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How 05040 ranks in Lebanon, NH-VT
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