ZIP CODE 02148 // BOSTON-CAMBRIDGE-NEWTON, MA-NH // DATA AS OF 2026-09-30
Malden, MA (02148) Rental Property Cap Rate & Cash Flow Report
Located in Middlesex County (Malden, MA), Zip Code 02148 ranks #264 of 500 within this selected sample (47th percentile) with a Zillow ZHVI typical home-value index of $666,917 (+1.8% YoY) and a ZORI observed market rent of $2,926/mo (+2.4% YoY). Requires at least 59.9% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$1,683/mo
Annual: -$20,191/yr
Modeled Cap Rate
3.04%
NOI: $20,276/yr
Cash-on-Cash Return
-13.16%
Cash Needed: $153,391
1% Rule Ratio
0.44%
Gross Yield: 5.26%
Break-Even Rent
$4,860/mo
State Tax: 1.04%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 02148 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (MA Avg 1.04%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$3,372/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$1,236/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (02148)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $561,927 | $2,363/mo | 5.05% |
| 2022 | $600,687 | $2,546/mo | 5.09% |
| 2023 | $622,696 | $2,701/mo | 5.21% |
| 2024 | $660,214 | $2,725/mo | 4.95% |
| 2025 | $655,127 | $2,857/mo | 5.23% |
| 2026 | $666,917 | $2,926/mo | 5.26% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 02301 Brockton, MA | $514,649 | $2,239/mo | 3.00% | -$1,315/mo |
| 02155 Medford, MA | $817,590 | $3,663/mo | 3.14% | -$1,997/mo |
| 02169 Quincy, MA | $632,884 | $2,687/mo | 2.89% | -$1,675/mo |
| 10466 New York, NY | $663,951 | $3,144/mo | 3.04% | -$1,673/mo |
| 84043 Lehi, UT | $577,253 | $2,252/mo | 3.05% | -$1,450/mo |
| 75002 Allen, TX | $451,769 | $2,175/mo | 3.06% | -$1,134/mo |