Real Estate Investing in Wellfleet, Massachusetts (02667)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02667 (Wellfleet, 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: 58.4% 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 41.4 — 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 Wellfleet, MA (02667)?
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Market Analysis: 02667 Wellfleet
This part of Barnstable County is not an easy win. The 02667 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 02667 is solid only for operators who understand what they are buying. A $949K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Wellfleet have seen price recovery that 02667 has not matched. Barnstable County data supports the view that the spread is structural rather than temporary.
Demographically, 02667 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.
The right play in 02667 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Wellfleet:
Property Strategy for 02667
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $418,923 | $1,610 | 2.8% | +5.4% | $418,923 |
| 2BR | $704,505 | $2,120 | 2.2% | +9.7% | $352,252 |
| 3BR | $972,493 | $2,600 | 1.9% | +10.6% | $324,164 |
| 4BR | $1,157,838 | $2,980 | 1.9% | +11.3% | $289,459 |
| 5BR | $1,420,915 | — | — | +11.8% | $284,183 |
Market Trends
Home Value History (with trend line)
📊 How Does 02667 Compare?
| Metric | 02667 | Wellfleet | Barnstable Town, MA | Massachusetts |
|---|---|---|---|---|
| Home Value | $948,733 | $948,733 | N/A | $645,115 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 7.0% |
| Avg Rent | $1,908 | $1,908 | N/A | - |
| Cap Rate | 1.6% | 1.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 02667 (Wellfleet, MA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $948,733 |
| Monthly Rent | $1,908 |
| Price-to-Rent | 41.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.4% |
| Cap Rate | 1.6% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +0.0% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (1.6%). 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 02667
Population: 3,925
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 02667
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
What is the best play in Wellfleet, MA?
For Wellfleet, MA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What is the typical rental rate in Wellfleet, MA?
Investors in Wellfleet, MA typically see rents near $1,908/mo per month against $949K home values - a solid setup for rental cash flow.
How strict are landlord regulations in Wellfleet, MA?
Rental owners in Wellfleet, MA deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
Does a duplex house hack pencil in Wellfleet, MA?
The a challenging house-hack environment in Wellfleet, MA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What kind of market is Wellfleet, MA for investors?
Investors tracking Wellfleet, MA will find a 3.0/5 rating supported by $949K median home values and $1,908/mo rents. That profile suits long-term holders targeting stable returns.
You know 02667 now. You don’t know where it ranks.
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How 02667 ranks in Barnstable Town, MA
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