Real Estate Investing in Rockport, Massachusetts (01966)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01966 (Rockport, MA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 22.4% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 26.1 — hard to cash-flow at these prices.
What’s happening in Rockport, MA (01966)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 01966 Rockport
The 01966 ZIP covers a section of Rockport that demands careful diligence. Prices near $896K look accessible, but the work to make a deal cash flow is real.
Rent of $2,858/mo on a $896K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 01966 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 01966 among MA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 01966 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.
Strategically, 01966 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Rockport:
Property Strategy for 01966
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $473,838 | $2,160 | 3.3% | +6.1% | $473,838 |
| 2BR | $710,018 | $2,560 | 2.6% | +7.7% | $355,009 |
| 3BR | $888,567 | $3,080 | 2.5% | +7.1% | $296,189 |
| 4BR | $1,084,449 | $3,390 | 2.3% | +7.1% | $271,112 |
| 5BR | $1,466,172 | — | — | +7.5% | $293,234 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 01966 Compare?
| Metric | 01966 | Rockport | Massachusetts |
|---|---|---|---|
| Home Value | $895,558 | $895,558 | $645,115 |
| 5-Year CAGR | 5.2% | 5.2% | 7.0% |
| Avg Rent | $2,858 | $2,858 | - |
| Cap Rate | 2.5% | 2.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 01966 (Rockport, 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 | $895,558 |
| Monthly Rent | $2,858 |
| Price-to-Rent | 26.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (2.5%). 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 01966
Population: 6,977
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 01966
Schools in This ZIP Code
About Repit School Scores
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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 do rentals go for in Rockport, MA?
Rental rates in Rockport, MA average $2,858/mo. Tenant demand and $896K home values make the yield look reasonable by investor standards.
How much does a house cost in Rockport, MA?
Homes in Rockport, MA typically sell near $896K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
Which investment style suits Rockport, MA?
A careful cash-flow rentals with hands-on management strategy Rockport, MA best. The market produces consistent results for that approach at the $896K price point.
How tight is the rental market in Rockport, MA?
Rockport, MA carries elevated vacancy risk. Expect stable absorption at market rents of $2,858/mo.
How do landlord-tenant laws work in Rockport, MA?
MA ranks as a tenant-protective state for landlord-tenant law. Rockport generally follows the statewide framework, so landlords face reasonable operating rules.
You know 01966 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 01966 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 01966 ranks in Boston-Cambridge-Newton, MA-NH
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