Real Estate Investing in Dennis, Massachusetts (02639)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02639 (Dennis, MA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 67.2% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Dennis, MA (02639)?
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Market Analysis: 02639 Dennis
ZIP 02639 in Dennis, MA carries a notable set of headwinds. Home values near $565K and rents of $1,962/mo sit inside a market where underwriting has to be tight.
Put differently, the numbers look inviting — $565K purchase price, 0.0% nominal cap — the work to hit that pro forma in 02639 is substantial and deserves full respect.
Nearby ZIPs in Dennis have seen price recovery that 02639 has not matched. Barnstable County data supports the view that the spread is structural rather than temporary.
Demographically, 02639 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, 02639 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 Dennis:
Property Strategy for 02639
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $228,712 | $1,660 | 5.2% | +12.4% | $228,712 |
| 2BR | $462,048 | $2,180 | 3.4% | +8.6% | $231,024 |
| 3BR | $625,549 | $2,690 | 3.1% | +9.8% | $208,516 |
| 4BR | $770,510 | $3,090 | 2.9% | +9.6% | $192,627 |
Market Trends
Home Value History (with trend line)
📊 How Does 02639 Compare?
| Metric | 02639 | Dennis | Barnstable Town, MA | Massachusetts |
|---|---|---|---|---|
| Home Value | $565,159 | $731,052 | N/A | $645,115 |
| 5-Year CAGR | 7.2% | 6.3% | N/A | 7.0% |
| Avg Rent | $1,962 | $2,048 | N/A | - |
| Cap Rate | 2.7% | 2.3% | - | - |
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 02639 (Dennis, MA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $565,159 |
| Monthly Rent | $1,962 |
| Price-to-Rent | 24.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 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 (2.7%). 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 02639
Population: 3,387
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 02639
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Ezra H Baker Innovation 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 515 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of vacancy should I budget for in Dennis, MA?
Rental vacancy in Dennis, MA is elevated. Investors should budget normal turnover but not chronic empty units.
What strategy should investors use in Dennis, MA?
In Dennis, MA the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $565K prices and $1,962/mo rents suits that approach.
Are renters plentiful in Dennis, MA?
The tenant pool in Dennis, MA is solid, supported by local employment and population fundamentals. Rents of $1,962/mo are well-absorbed by the market.
What does house hacking look like in Dennis, MA?
House hacking works a challenging in Dennis, MA. Rents of $1,962/mo against $565K acquisition make the strategy solid for owner-occupants.
What is the median home value in Dennis, MA?
Dennis, MA home values average about $565K. That price point suits investors targeting rentals with $1,962/mo in monthly income.
You know 02639 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02639 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 02639 ranks in Barnstable Town, MA
Every ZIP in this metro, ranked. Free.
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