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

Peabody, MA has a median modeled monthly cash flow of $-1,543 and a median cap rate of 3.3%, on a median sold price of $650,000. Prices changed -1.7% year over year.

What is the average cap rate in Peabody, MA?

The median cap rate across recently sold homes in Peabody, MA is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Peabody, MA?

The median sold price in Peabody, MA is $650,000 (about $384 per square foot).

Investing in Peabody, MA Real Estate

A data-driven snapshot of the Peabody, 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.

$650,000Median sold price

$384Median $/sqft

3.3%Median cap rate

$-1,543Modeled cash flow / mo

-1.7%Appreciation YoY

6.8Months of supply

216Active listings

381Sold (last 12 mo)

What the Peabody numbers say

In Peabody, MA, the median home sold for $650,000 (about $384 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-1,543 of monthly cash flow. Sold prices moved -1.7% over the past year. Inventory sits at about 6.8 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 Peabody cash-flowing listings

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