Real Estate Investing in Revere, Massachusetts (02151)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02151 (Revere, 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 Revere, MA (02151)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02151 Revere
ZIP 02151 inside Suffolk County looks affordable on the surface — median value of $625K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 02151 can be a a viable market for hunting ground — but the discount at $625K reflects genuine risk that outside investors often underestimate.
Within MA, ZIP 02151 trails on several market indicators that neighboring Suffolk County submarkets outperform. The gap is real and significant enough to shape underwriting.
The 02151 ZIP's population of 59,949 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Strategy in 02151 is an operator game, not a passive one. On the rental side, entry prices of $625K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Revere:
Property Strategy for 02151
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $361,022 | $2,160 | 4.3% | +5.1% | $361,022 |
| 2BR | $521,276 | $2,570 | 3.5% | +5.0% | $260,638 |
| 3BR | $658,509 | $3,080 | 3.4% | +5.3% | $219,503 |
| 4BR | $741,567 | $3,400 | 3.3% | +5.4% | $185,392 |
| 5BR | $814,285 | — | — | +5.7% | $162,857 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02151 Compare?
| Metric | 02151 | Revere | Massachusetts |
|---|---|---|---|
| Home Value | $625,392 | $625,392 | $645,115 |
| 5-Year CAGR | 4.1% | 4.1% | 7.0% |
| Avg Rent | $2,830 | $2,830 | - |
| Cap Rate | 3.5% | 3.5% | - |
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 02151 (Revere, MA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 02151 (Revere, MA)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Suffolk County
Manage rentals here? List your business →CHARLESGATE Property Management provides full-service, customized property management for condominiums, multifamily properties, and investment portfolios in the Greater Boston Area. summary from their website
First Realty Management provides real estate management services for condominiums and commercial properties. summary from their website
MerGo Group offers property management and vacation rental management services in the Boston Metro Area. 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 | $625,392 |
| Monthly Rent | $2,830 |
| Price-to-Rent | 18.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | -2.5% ▼ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +4.9% ▲ |
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 02151
Population: 59,949
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 02151
Schools in This ZIP Code
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 3,776 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Revere, MA stack up for property investment?
With a 3.0/5 investability score, Revere, MA ranks as a solid market for rental property investors. Median prices of $625K and rents of $2,830/mo drive the underlying numbers.
Are there empty rentals in Revere, MA?
Vacancy risk in Revere, MA is elevated. That supports predictable cash flow for typical rental holds.
What is the typical home price in Revere, MA?
Median home price in Revere, MA is near $625K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
How deep is the rental pool in Revere, MA?
Revere, MA draws a reliable base of working renters. Demand at the $2,830/mo rent level is reasonable for standard single-family and small multi rentals.
What monthly rent should investors expect in Revere, MA?
Rents in Revere, MA run near $2,830/mo. Compared with median home prices of $625K that produces solid gross yields for typical rentals.
You know 02151 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02151 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 02151 ranks in Boston-Cambridge-Newton, MA-NH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 02151 (Revere)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 02151 (Revere, MA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.