Real Estate Investing in Merrimac, Massachusetts (01860)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01860 (Merrimac, 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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Merrimac, MA (01860)?
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Market Analysis: 01860 Merrimac
ZIP 01860 in Merrimac, MA carries a durable set of headwinds. Home values near $672K and rents of $2,304/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $672K asset, 01860 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 01860 among MA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 01860 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. durable returns are possible in 01860, 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 Merrimac:
Property Strategy for 01860
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $505,419 | $2,560 | 3.6% | +7.4% | $252,709 |
| 3BR | $647,839 | $3,080 | 3.4% | +7.6% | $215,946 |
| 4BR | $834,546 | $3,390 | 2.9% | +8.0% | $208,637 |
Market Trends
Home Value History (with trend line)
📊 How Does 01860 Compare?
| Metric | 01860 | Merrimac | Massachusetts |
|---|---|---|---|
| Home Value | $672,411 | $672,411 | $645,115 |
| 5-Year CAGR | 5.5% | 5.5% | 7.0% |
| Avg Rent | $2,304 | $2,304 | - |
| 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 01860 (Merrimac, MA). Anonymous, moderated, never written by AI.
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Property managers serving Essex County
Manage rentals here? List your business →MRS Property Management offers full-service property management and tenant placement for apartments, houses, and commercial rentals across the North Shore area and Southern New Hampshire. summary from their website
CNR Property Management provides expert property management and maintenance solutions. summary from their website
This domain is for sale for $2,295 or monthly payments. 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 | $672,411 |
| Monthly Rent | $2,304 |
| Price-to-Rent | 24.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 01860
Population: 6,707
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 01860
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Memorial 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
What is the smart move for investors in Merrimac, MA?
In Merrimac, MA the solid play is typically careful cash-flow rentals with hands-on management. The combination of $672K prices and $2,304/mo rents suits that approach.
Is it easy to find good tenants in Merrimac, MA?
The renter base in Merrimac, MA is reasonable for the $2,304/mo price point. Screening well and pricing to market typically yields stable tenants.
How do home values compare in Merrimac, MA?
Homes in Merrimac, MA typically sell near $672K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
Is Merrimac in MA worth investing in?
Our data puts Merrimac, MA at 3.0/5 for investability. Home prices of $672K and rents around $2,304/mo create a solid backdrop for investor activity.
Where do rents currently stand in Merrimac, MA?
Investors in Merrimac, MA typically see rents near $2,304/mo per month against $672K home values - a solid setup for rental cash flow.
You know 01860 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 01860 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 01860 ranks in Boston-Cambridge-Newton, MA-NH
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