MarketsRun a deal in this market
State · MA
Massachusetts
Data as of November 2024· Sources: Zillow ZHVI/ZORI, Census ACS
Strategy
Median home value
$629k
+5.0%Zillow ZHVI
Median rent
$2,700/mo
+4.8%Zillow ZORI
Gross yield
5.15%
Rent × 12 / value
Rent/price ratio
0.000%
1% rule benchmark
Median household income
$96,505
Census ACS
Owner-occupied
62.4%
Census ACS
Renter-occupied
37.6%
Census ACS
Population
-
Census ACS
What this means for LTR investors
Gross yield of 5.15% is below the 7% LTR sweet spot; you'd lean on appreciation here.
Rent grew 4.8% YoY while values moved 5.0%. That gap drives whether yield compresses or expands over time.
Renter share is 38% - a deep renter pool means lower vacancy risk in Massachusetts.
Median income of $96,505 sets the affordability ceiling on rent growth.