Real Estate Investing in Truro, Massachusetts (02666)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02666 (Truro, 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: 75.6% 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 48.4 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Truro, MA (02666)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02666 Truro
The 02666 ZIP covers a section of Truro that demands careful diligence. Prices near $1.1M look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 02666 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 02666 and stronger Truro ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 02666 ZIP's population of 751 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
Strategically, 02666 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 Truro:
Property Strategy for 02666
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $448,430 | $1,610 | 2.6% | +9.4% | $448,430 |
| 2BR | $754,327 | $2,120 | 2.0% | +8.8% | $377,164 |
| 3BR | $1,171,326 | $2,600 | 1.6% | +10.4% | $390,442 |
| 4BR | $1,520,328 | $2,980 | 1.4% | +11.0% | $380,082 |
| 5BR | $2,014,610 | — | — | +11.4% | $402,922 |
Market Trends
Home Value History (with trend line)
📊 How Does 02666 Compare?
| Metric | 02666 | Truro | Barnstable Town, MA | Massachusetts |
|---|---|---|---|---|
| Home Value | $1,106,931 | $915,624 | N/A | $645,115 |
| 5-Year CAGR | 6.0% | 4.9% | N/A | 7.0% |
| Avg Rent | $1,908 | $1,908 | N/A | - |
| Cap Rate | 1.3% | 1.7% | - | - |
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 02666 (Truro, MA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $1,106,931 |
| Monthly Rent | $1,908 |
| Price-to-Rent | 48.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.1% |
| Cap Rate | 1.3% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | -0.3% ▼ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 02666
Population: 751
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 02666
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.
Frequently Asked Questions
Can I house hack in Truro, MA?
For house hackers, Truro, MA is a tougher. The $1,908/mo rent on a unit helps defray the mortgage on a $1.1M property.
Is Truro, MA a smart market for rental property?
Investors tracking Truro, MA will find a 3.0/5 rating supported by $1.1M median home values and $1,908/mo rents. That profile suits long-term holders targeting stable returns.
What is the rental occupancy rate in Truro, MA?
Truro, MA carries elevated vacancy risk. Expect steady absorption at market rents of $1,908/mo.
Does Truro, MA favor landlords or tenants?
MA law tenant-protective for landlords, and Truro inherits those rules. Investors should still review local ordinances for rental licensing.
What is the typical renter like in Truro, MA?
Expect a solid tenant pool in Truro, MA. The rental market absorbs $1,908/mo rents without meaningful friction.
You know 02666 now. You don’t know where it ranks.
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How 02666 ranks in Barnstable Town, MA
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