Real Estate Investing in Rowley, Massachusetts (01969)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 01969 (Rowley, 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.
- High price-to-rent: Price-to-rent ratio 29.3 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Rowley, MA (01969)?
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Market Analysis: 01969 Rowley
The 01969 ZIP in Rowley, MA is a local-operator market. Outside capital chasing a $810K entry has to pair deep knowledge with the discount.
From a cash-flow lens, the numbers look inviting — $810K purchase price, 0.0% nominal cap — the work to hit that pro forma in 01969 is substantial and deserves full respect.
ZIP 01969's metrics run below Essex County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 01969 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 01969 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 Rowley:
Property Strategy for 01969
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $603,372 | $2,560 | 3.1% | +7.5% | $301,686 |
| 3BR | $743,887 | $3,080 | 3.0% | +7.4% | $247,962 |
| 4BR | $980,493 | $3,390 | 2.5% | +7.8% | $245,123 |
Market Trends
Home Value History (with trend line)
📊 How Does 01969 Compare?
| Metric | 01969 | Rowley | Massachusetts |
|---|---|---|---|
| Home Value | $810,420 | $810,420 | $645,115 |
| 5-Year CAGR | 5.6% | 5.6% | 7.0% |
| Avg Rent | $2,304 | $2,304 | - |
| Cap Rate | 2.2% | 2.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 01969 (Rowley, 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 | $810,420 |
| Monthly Rent | $2,304 |
| Price-to-Rent | 29.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (2.2%). 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 01969
Population: 6,214
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 01969
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
Triton Regional High School
Triton Regional Middle 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
Investor Insight: With 1,956 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the investability score for Rowley, MA?
Rowley, MA registers an investability rating of 3.0/5, with median home values near $810K and average rents around $2,304/mo. That combination puts it in the sturdy tier for investor interest.
Which investment style suits Rowley, MA?
Investors usually favor careful cash-flow rentals with hands-on management in Rowley, MA. With home values at $810K and rents near $2,304/mo, other strategies can work but produce reliable rather than outsized returns.
How much rent can I charge in Rowley, MA?
Rents in Rowley, MA run near $2,304/mo. Compared with median home prices of $810K that produces solid gross yields for typical rentals.
Does house hacking work in Rowley, MA?
House hacking works a challenging in Rowley, MA. Rents of $2,304/mo against $810K acquisition make the strategy solid for owner-occupants.
Is vacancy a concern in Rowley, MA?
Rental vacancy in Rowley, MA is elevated. Investors should budget normal turnover but not chronic empty units.
You know 01969 now. You don’t know where it ranks.
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How 01969 ranks in Boston-Cambridge-Newton, MA-NH
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