Real Estate Investing in Barnstable, Massachusetts (02655)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02655 (Barnstable, 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: 48.9% 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 44.4 — 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 Barnstable, MA (02655)?
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Market Analysis: 02655 Barnstable
ZIP 02655 in Barnstable, MA carries a sturdy set of headwinds. Home values near $1.2M and rents of $2,322/mo sit inside a market where underwriting has to be tight.
The 02655 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader MA picture, 02655 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A substantial renter share of 9% in 02655 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. significant returns are possible in 02655, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Barnstable:
Property Strategy for 02655
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $639,176 | $2,580 | 2.9% | +9.0% | $319,588 |
| 3BR | $906,117 | $3,180 | 2.5% | +10.1% | $302,039 |
| 4BR | $2,060,709 | $3,650 | 1.3% | +11.9% | $515,177 |
| 5BR | $4,520,266 | — | — | +11.0% | $904,053 |
Market Trends
Home Value History (with trend line)
📊 How Does 02655 Compare?
| Metric | 02655 | Barnstable | Barnstable Town, MA | Massachusetts |
|---|---|---|---|---|
| Home Value | $1,237,646 | $827,661 | N/A | $645,115 |
| 5-Year CAGR | 6.2% | 5.9% | N/A | 7.0% |
| Avg Rent | $2,322 | $2,672 | N/A | - |
| Cap Rate | 1.5% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 02655 (Barnstable, MA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $1,237,646 |
| Monthly Rent | $2,322 |
| Price-to-Rent | 44.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.3% |
| Cap Rate | 1.5% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 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 (1.5%). 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 02655
Population: 3,535
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
🎓 Nearby Colleges & Universities
Investor Insight: With 592 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What do landlords charge for rent in Barnstable, MA?
Rental rates in Barnstable, MA average $2,322/mo. Tenant demand and $1.2M home values make the yield look reasonable by investor standards.
How should investors approach Barnstable, MA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Barnstable, MA. The numbers - $1.2M homes against $2,322/mo rents - support that play.
How strong is Barnstable, MA for real estate investors?
Yes - Barnstable, MA a 3.0/5 investability score. With $1.2M home prices against $2,322/mo monthly rent, the market delivers a reasonable entry point for new investors.
Do landlords face vacancy issues in Barnstable, MA?
Barnstable, MA sees elevated vacancy, which is reasonable relative to the broader MA rental market.
What is the average home sale price in Barnstable, MA?
The median home value in Barnstable, MA is roughly $1.2M. That puts it reasonable relative to the MA statewide average.
You know 02655 now. You don’t know where it ranks.
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How 02655 ranks in Barnstable Town, MA
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