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

Westfield, MA has a median modeled monthly cash flow of $-689 and a median cap rate of 3.9%, on a median sold price of $360,000. Prices changed -0.4% year over year.

What is the average cap rate in Westfield, MA?

The median cap rate across recently sold homes in Westfield, MA is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Westfield, MA?

The median sold price in Westfield, MA is $360,000 (about $227 per square foot).

Investing in Westfield, MA Real Estate

A data-driven snapshot of the Westfield, 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.

$360,000Median sold price

$227Median $/sqft

3.9%Median cap rate

$-689Modeled cash flow / mo

-0.4%Appreciation YoY

9.6Months of supply

267Active listings

335Sold (last 12 mo)

What the Westfield numbers say

In Westfield, MA, the median home sold for $360,000 (about $227 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-689 of monthly cash flow. Sold prices moved -0.4% over the past year. Inventory sits at about 9.6 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 Westfield cash-flowing listings

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