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

New Bedford, MA has a median modeled monthly cash flow of $-886 and a median cap rate of 3.8%, on a median sold price of $495,000. Prices changed +6.5% year over year.

What is the average cap rate in New Bedford, MA?

The median cap rate across recently sold homes in New Bedford, MA is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Bedford, MA?

The median sold price in New Bedford, MA is $495,000 (about $288 per square foot).

Investing in New Bedford, MA Real Estate

A data-driven snapshot of the New Bedford, 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.

$495,000Median sold price

$288Median $/sqft

3.8%Median cap rate

$-886Modeled cash flow / mo

+6.5%Appreciation YoY

5.7Months of supply

384Active listings

814Sold (last 12 mo)

What the New Bedford numbers say

In New Bedford, MA, the median home sold for $495,000 (about $288 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-886 of monthly cash flow. Sold prices moved +6.5% over the past year. Inventory sits at about 5.7 months of supply. 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 New Bedford cash-flowing listings

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