Real Estate Investing in Otis, Massachusetts (01253)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01253 (Otis, MA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 41.4% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 30.3 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Otis, MA (01253)?
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Market Analysis: 01253 Otis
Investors eyeing 01253 need to respect the fundamentals at play. Home values of $536K come alongside slower price movement and elevated management overhead.
The 01253 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader MA picture, 01253 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 01253 includes headwinds that any investor should price in. Income distribution skews lower than Otis averages, and tenant stability requires active management.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Otis:
Property Strategy for 01253
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $377,524 | $1,640 | 3.1% | +8.3% | $188,762 |
| 3BR | $557,701 | $2,120 | 2.7% | +10.0% | $185,900 |
| 4BR | $654,746 | $2,750 | 3.0% | +10.5% | $163,686 |
Market Trends
Home Value History (with trend line)
📊 How Does 01253 Compare?
| Metric | 01253 | Otis | Pittsfield, MA | Massachusetts |
|---|---|---|---|---|
| Home Value | $535,947 | $535,947 | N/A | $645,115 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 7.0% |
| Avg Rent | $1,476 | $1,476 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 01253 (Otis, MA). Anonymous, moderated, never written by AI.
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Property managers serving Berkshire County
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📊 Market Snapshot
| Home Value | $535,947 |
| Monthly Rent | $1,476 |
| Price-to-Rent | 30.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.2% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 01253
Population: 903
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 01253
Schools in This ZIP Code
About Repit School Scores
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We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What price range are homes in Otis, MA?
Otis, MA home values average about $536K. That price point suits investors targeting rentals with $1,476/mo in monthly income.
How strong is tenant demand in Otis, MA?
Tenant quality in Otis, MA ranks as solid. Landlords generally report predictable occupancy at market rents of $1,476/mo.
Is Otis, MA suited for a house hack?
House hacking in Otis, MA is a challenging. With home values around $536K and rents at $1,476/mo, owner-occupants can offset a meaningful share of PITI.
Is Otis, MA landlord-friendly?
Otis, MA falls under MA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
How much rent can I charge in Otis, MA?
Expect rents around $1,476/mo per month in Otis, MA. With home values at $536K, the yield math works out to reasonable levels for rental investors.
You know 01253 now. You don’t know where it ranks.
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How 01253 ranks in Pittsfield, MA
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