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

Leicester, MA has a median modeled monthly cash flow of $-838 and a median cap rate of 3.7%, on a median sold price of $425,000. Prices changed -3.7% year over year.

What is the average cap rate in Leicester, MA?

The median cap rate across recently sold homes in Leicester, MA is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Leicester, MA?

The median sold price in Leicester, MA is $425,000 (about $258 per square foot).

Investing in Leicester, MA Real Estate

A data-driven snapshot of the Leicester, 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.

$425,000Median sold price

$258Median $/sqft

3.7%Median cap rate

$-838Modeled cash flow / mo

-3.7%Appreciation YoY

8.3Months of supply

71Active listings

103Sold (last 12 mo)

What the Leicester numbers say

In Leicester, MA, the median home sold for $425,000 (about $258 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-838 of monthly cash flow. Sold prices moved -3.7% over the past year. Inventory sits at about 8.3 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 Leicester cash-flowing listings

CashFlowRE ranks every for-sale home in Leicester, 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 Leicester deals, or browse the national market data.