Real Estate Investing in Douglas, Massachusetts (01516)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01516 (Douglas, MA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- 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 Douglas, MA (01516)?
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Market Analysis: 01516 Douglas
This part of Worcester County is not an easy win. The 01516 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $1,935/mo on a $563K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 01516 sits below the stated 0.0% once reality is priced in.
ZIP 01516's metrics run below Worcester County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 01516 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Distressed ZIPs reward experience. notable returns are possible in 01516, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Douglas:
Property Strategy for 01516
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $411,769 | $2,150 | 3.8% | +8.5% | $205,884 |
| 3BR | $536,110 | $2,660 | 3.6% | +7.9% | $178,703 |
| 4BR | $646,921 | $2,950 | 3.3% | +8.0% | $161,730 |
| 5BR | $712,743 | — | — | +7.7% | $142,549 |
Market Trends
Home Value History (with trend line)
📊 How Does 01516 Compare?
| Metric | 01516 | Douglas | Worcester, MA-CT | Massachusetts |
|---|---|---|---|---|
| Home Value | $562,533 | $562,533 | N/A | $645,115 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 7.0% |
| Avg Rent | $1,935 | $1,935 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
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 01516 (Douglas, MA). Anonymous, moderated, never written by AI.
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Property managers serving Worcester County
Manage rentals here? List your business →Ruane Property Management LLC offers commercial and residential property management services. summary from their website
AP Services MA offers services to build, manage, and maintain properties. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $562,533 |
| Monthly Rent | $1,935 |
| Price-to-Rent | 24.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (2.7%). 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 01516
Population: 9,287
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 01516
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
Frequently Asked Questions
Are homes affordable in Douglas, MA?
Typical homes in Douglas, MA go for around $563K. The 5-year CAGR of 0.0% reliable price movement.
What do rentals go for in Douglas, MA?
Rents in Douglas, MA run near $1,935/mo. Compared with median home prices of $563K that produces solid gross yields for typical rentals.
What type of investing works in Douglas, MA?
Most investors in Douglas, MA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Is Douglas, MA a good market for FHA house hackers?
The house hack math a challenging in Douglas, MA. Owner-occupant buyers benefit from the $1,935/mo rents and $563K home values.
How strong is tenant demand in Douglas, MA?
Expect a solid tenant pool in Douglas, MA. The rental market absorbs $1,935/mo rents without meaningful friction.
You know 01516 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 01516 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 01516 ranks in Worcester, MA-CT
Every ZIP in this metro, ranked. Free.
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