Real Estate Investing in Milford, Massachusetts (01757)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01757 (Milford, MA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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.
What’s happening in Milford, MA (01757)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 01757 Milford
Not every below-median market is a bargain. Milford's 01757 ZIP sits at signals that favor experienced operators who can absorb the risk $570K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 01757 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
From a cash-flow lens, 01757 offers a low basis, the region around Milford has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 01757 ZIP's population of 30,473 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
The 01757 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Milford:
Property Strategy for 01757
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $234,199 | $1,730 | 5.3% | +10.6% | $234,199 |
| 2BR | $456,449 | $2,270 | 3.6% | +7.9% | $228,224 |
| 3BR | $522,096 | $3,160 | 4.4% | +7.3% | $174,032 |
| 4BR | $670,960 | $3,540 | 3.8% | +7.6% | $167,740 |
| 5BR | $704,979 | — | — | +7.5% | $140,996 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 01757 Compare?
| Metric | 01757 | Milford | Worcester, MA-CT | Massachusetts |
|---|---|---|---|---|
| Home Value | $569,607 | $569,607 | N/A | $645,115 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 7.0% |
| Avg Rent | $2,436 | $2,436 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
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 01757 (Milford, 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 | $569,607 |
| Monthly Rent | $2,436 |
| Price-to-Rent | 19.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 Rent Trends
| 1-Year | -2.6% ▼ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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 01757
Population: 30,473
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 01757
Schools in This ZIP Code
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
Hopedale Jr Sr High
Memorial
Park Street School
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
How much rent can I charge in Milford, MA?
Milford, MA rentals go for roughly $2,436/mo a month. That puts gross yield in solid territory relative to $570K acquisition costs.
Is Milford, MA better for rentals, flips, or BRRRR?
Milford, MA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($570K prices, $2,436/mo rents) make it a reasonable choice.
Does Milford, MA make sense for an investment property?
With a 3.0/5 investability score, Milford, MA ranks as a solid market for rental property investors. Median prices of $570K and rents of $2,436/mo drive the underlying numbers.
What are home prices like in Milford, MA?
The median home value in Milford, MA is roughly $570K. That puts it reasonable relative to the MA statewide average.
Do rentals sit vacant long in Milford, MA?
Rental vacancy in Milford, MA is elevated. Investors should budget normal turnover but not chronic empty units.
You know 01757 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 01757 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 01757 ranks in Worcester, MA-CT
Every ZIP in this metro, ranked. Free.
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