Real Estate Investing in Beverly, Massachusetts (01915)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01915 (Beverly, 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 Beverly, MA (01915)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 01915 Beverly
Investors eyeing 01915 need to respect the fundamentals at play. Home values of $771K come alongside slower price movement and elevated management overhead.
Rent of $2,758/mo on a $771K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 01915 sits below the stated 0.0% once reality is priced in.
The gap between 01915 and stronger Beverly ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A solid renter share of 41% in 01915 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 01915 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 Beverly:
Property Strategy for 01915
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $379,205 | $2,260 | 4.3% | +6.9% | $379,205 |
| 2BR | $580,800 | $2,680 | 3.3% | +7.1% | $290,400 |
| 3BR | $723,524 | $3,210 | 3.2% | +6.6% | $241,175 |
| 4BR | $904,389 | $3,550 | 2.8% | +7.1% | $226,097 |
| 5BR | $1,255,573 | — | — | +8.1% | $251,115 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 01915 Compare?
| Metric | 01915 | Beverly | Massachusetts |
|---|---|---|---|
| Home Value | $771,458 | $771,458 | $645,115 |
| 5-Year CAGR | 5.0% | 5.0% | 7.0% |
| Avg Rent | $2,758 | $2,758 | - |
| Cap Rate | 2.8% | 2.8% | - |
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 01915 (Beverly, 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 | $771,458 |
| Monthly Rent | $2,758 |
| Price-to-Rent | 23.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +5.7% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 Rent Trends
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +6.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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 01915
Population: 41,656
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 01915
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Bessie Buker Elementary
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 3,301 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Do landlords face vacancy issues in Beverly, MA?
Rental vacancy in Beverly, MA is elevated. Investors should budget normal turnover but not chronic empty units.
Is the tenant base reliable in Beverly, MA?
The renter base in Beverly, MA is reasonable for the $2,758/mo price point. Screening well and pricing to market typically yields steady tenants.
How much is rent in Beverly, MA?
Rents in Beverly, MA run near $2,758/mo. Compared with median home prices of $771K that produces solid gross yields for typical rentals.
Is MA a landlord-friendly state?
The landlord environment in Beverly, MA is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
Does Beverly, MA make sense for an investment property?
With a 3.0/5 investability score, Beverly, MA ranks as a solid market for rental property investors. Median prices of $771K and rents of $2,758/mo drive the underlying numbers.
You know 01915 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 01915 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 01915 ranks in Boston-Cambridge-Newton, MA-NH
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