Real Estate Investing in Oak Bluffs, Massachusetts (02557)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02557 (Oak Bluffs, 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: 67.8% 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 51.0 — 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 Oak Bluffs, MA (02557)?
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Market Analysis: 02557 Oak Bluffs
The 02557 ZIP in Oak Bluffs, MA is a local-operator market. Outside capital chasing a $1.3M entry has to pair deep knowledge with the discount.
The investment case in 02557 is substantial only for operators who understand what they are buying. A $1.3M median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 02557's metrics run below Dukes's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 02557 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.
Strategy in 02557 is an operator game, not a passive one. On the rental side, entry prices of $1.3M are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Oak Bluffs:
Property Strategy for 02557
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $862,907 | $1,770 | 1.5% | +8.0% | $862,907 |
| 2BR | $942,094 | $2,290 | 1.8% | +8.6% | $471,047 |
| 3BR | $1,151,541 | $3,210 | 2.0% | +9.4% | $383,847 |
| 4BR | $1,512,342 | $3,400 | 1.6% | +10.5% | $378,086 |
| 5BR | $2,085,793 | — | — | +11.7% | $417,159 |
Market Trends
Home Value History (with trend line)
📊 How Does 02557 Compare?
| Metric | 02557 | Oak Bluffs | Massachusetts |
|---|---|---|---|
| Home Value | $1,259,973 | $1,259,973 | $645,115 |
| 5-Year CAGR | 6.3% | 6.3% | 7.0% |
| Avg Rent | $2,061 | $2,061 | - |
| Cap Rate | 1.3% | 1.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 02557 (Oak Bluffs, MA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $1,259,973 |
| Monthly Rent | $2,061 |
| Price-to-Rent | 51.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.0% |
| Cap Rate | 1.3% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 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 (1.3%). 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 02557
Population: 1,849
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 02557
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Tisbury 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.
Frequently Asked Questions
How expensive is real estate in Oak Bluffs, MA?
Expect median prices around $1.3M in Oak Bluffs, MA. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
How high is vacancy risk in Oak Bluffs, MA?
Occupancy in Oak Bluffs, MA runs reliable with elevated vacancy. Well-priced units at $2,061/mo lease on reasonable timelines.
How much is rent in Oak Bluffs, MA?
Investors in Oak Bluffs, MA typically see rents near $2,061/mo per month against $1.3M home values - a solid setup for rental cash flow.
Is Oak Bluffs, MA landlord-friendly?
Oak Bluffs, MA operates under MA law, which is tenant-protective overall for landlords. Expect reliable treatment in typical lease and eviction cases.
What is the typical renter like in Oak Bluffs, MA?
Expect a solid tenant pool in Oak Bluffs, MA. The rental market absorbs $2,061/mo rents without meaningful friction.
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