Is Gloucester, MA a good place to invest in rental property?

Gloucester, MA has a median modeled monthly cash flow of $-2,207 and a median cap rate of 2.6%, on a median sold price of $705,000. Prices changed -6.2% year over year.

What is the average cap rate in Gloucester, MA?

The median cap rate across recently sold homes in Gloucester, MA is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Gloucester, MA?

The median sold price in Gloucester, MA is $705,000 (about $427 per square foot).

Investing in Gloucester, MA Real Estate

A data-driven snapshot of the Gloucester, MA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$705,000Median sold price

$427Median $/sqft

2.6%Median cap rate

$-2,207Modeled cash flow / mo

-6.2%Appreciation YoY

11.6Months of supply

243Active listings

251Sold (last 12 mo)

What the Gloucester numbers say

In Gloucester, MA, the median home sold for $705,000 (about $427 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-2,207 of monthly cash flow. Sold prices moved -6.2% over the past year. Inventory sits at about 11.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Massachusetts markets to compare

See Gloucester cash-flowing listings

CashFlowRE ranks every for-sale home in Gloucester, MA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Gloucester deals, or browse the national market data.