Real Estate Investing in Boston, Massachusetts (02127)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02127 (Boston, MA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Elevated vacancy: 9.4% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Boston, MA (02127)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02127 Boston
ZIP 02127 inside Suffolk County looks affordable on the surface — median value of $872K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $872K asset, 02127 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 02127's metrics run below Suffolk County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 02127 ZIP's population of 36,646 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
Experienced landlords with local relationships tend to find 02127 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Boston:
Property Strategy for 02127
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $573,463 | $3,190 | 4.0% | +1.7% | $573,463 |
| 2BR | $839,652 | $3,790 | 3.2% | +2.1% | $419,826 |
| 3BR | $1,099,844 | $4,540 | 3.0% | +3.7% | $366,615 |
| 4BR | $1,240,416 | $5,020 | 2.9% | +4.5% | $310,104 |
| 5BR | $1,428,306 | — | — | +6.0% | $285,661 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02127 Compare?
| Metric | 02127 | Boston | Massachusetts |
|---|---|---|---|
| Home Value | $872,123 | $852,655 | $645,115 |
| 5-Year CAGR | 1.8% | 2.0% | 7.0% |
| Avg Rent | $3,959 | $3,489 | - |
| Cap Rate | 3.5% | 3.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 02127 (Boston, MA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $872,123 |
| Monthly Rent | $3,959 |
| Price-to-Rent | 18.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.5% |
| 5-Year IRR | 5.4% |
📈 Home Appreciation
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +1.8% ▲ |
| 10-Year CAGR | +3.5% ▲ |
🏠 Rent Trends
| 1-Year | +11.4% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +6.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 02127
Population: 36,646
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 02127
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Blackstone Elementary School
Bradley Elementary School
Community Academy of Science and Health
Dearborn 6-12 STEM Academy
Dever Elementary 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 1,565 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Boston, MA landlord-friendly?
MA law tenant-protective for landlords, and Boston inherits those rules. Investors should still review local ordinances for rental licensing.
How deep is the rental pool in Boston, MA?
The tenant pool in Boston, MA is solid, supported by local employment and population fundamentals. Rents of $3,959/mo are well-absorbed by the market.
What real estate strategy is ideal for Boston, MA?
For Boston, MA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What does house hacking look like in Boston, MA?
The a challenging house-hack environment in Boston, MA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How strong is Boston, MA for real estate investors?
Boston, MA scores 2.0/5 for investability. Home values sit at $872K and rents near $3,959/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 02127 now. You don’t know where it ranks.
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How 02127 ranks in Boston-Cambridge-Newton, MA-NH
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