Real Estate Investing in Turners Falls, Massachusetts (01376)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01376 (Turners Falls, 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.
- Elevated vacancy: 8.4% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Turners Falls, MA (01376)?
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Market Analysis: 01376 Turners Falls
On balance, ZIP 01376 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $335K median. It rewards specialists, not generalists.
Rent of $1,575/mo on a $335K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 01376 sits below the stated 0.0% once reality is priced in.
Within MA, ZIP 01376 trails on several market indicators that neighboring Franklin County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
Who lives in 01376 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 01376 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Turners Falls:
Property Strategy for 01376
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $281,834 | $1,750 | 4.5% | +9.9% | $140,917 |
| 3BR | $318,982 | $2,100 | 4.7% | +8.0% | $106,327 |
| 4BR | $345,239 | $2,320 | 4.8% | +8.4% | $86,310 |
Market Trends
Home Value History (with trend line)
📊 How Does 01376 Compare?
| Metric | 01376 | Turners Falls | Springfield, MA | Massachusetts |
|---|---|---|---|---|
| Home Value | $335,057 | $335,057 | N/A | $645,115 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 7.0% |
| Avg Rent | $1,575 | $1,575 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 01376 (Turners Falls, MA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $335,057 |
| Monthly Rent | $1,575 |
| Price-to-Rent | 17.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.7% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (3.7%). 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 01376
Population: 5,032
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 01376
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
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
Investor Insight: With 640 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Turners Falls, MA a good place for real estate investing?
With a 3.0/5 investability score, Turners Falls, MA ranks as a solid market for rental property investors. Median prices of $335K and rents of $1,575/mo drive the underlying numbers.
Should investors worry about vacancy in Turners Falls, MA?
Turners Falls, MA carries elevated vacancy risk. Expect steady absorption at market rents of $1,575/mo.
Are tenants stable in Turners Falls, MA?
Expect a solid tenant pool in Turners Falls, MA. The rental market absorbs $1,575/mo rents without meaningful friction.
Can owner-occupants cash flow in Turners Falls, MA?
The house hack math a challenging in Turners Falls, MA. Owner-occupant buyers benefit from the $1,575/mo rents and $335K home values.
What monthly rent should investors expect in Turners Falls, MA?
Rents in Turners Falls, MA run near $1,575/mo. Compared with median home prices of $335K that produces solid gross yields for typical rentals.
You know 01376 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 01376 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 01376 ranks in Springfield, MA
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