ZIP CODE 02155 // BOSTON-CAMBRIDGE-NEWTON, MA-NH // DATA AS OF 2026-09-30
Medford, MA (02155) Rental Property Cap Rate & Cash Flow Report
Located in Middlesex County (Medford, MA), Zip Code 02155 ranks #249 of 500 within this selected sample (50th percentile) with a Zillow ZHVI typical home-value index of $817,590 (+0.4% YoY) and a ZORI observed market rent of $3,663/mo (+3.5% YoY). Requires at least 58.6% 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
-$1,997/mo
Annual: -$23,959/yr
Modeled Cap Rate
3.14%
NOI: $25,651/yr
Cash-on-Cash Return
-12.74%
Cash Needed: $188,046
1% Rule Ratio
0.45%
Gross Yield: 5.38%
Break-Even Rent
$5,958/mo
State Tax: 1.04%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 02155 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (MA Avg 1.04%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$4,134/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$1,525/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (02155)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $692,416 | $2,809/mo | 4.87% |
| 2022 | $738,362 | $3,068/mo | 4.99% |
| 2023 | $761,752 | $3,309/mo | 5.21% |
| 2024 | $809,102 | $3,382/mo | 5.02% |
| 2025 | $814,297 | $3,538/mo | 5.21% |
| 2026 | $817,590 | $3,663/mo | 5.38% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 02148 Malden, MA | $666,917 | $2,926/mo | 3.04% | -$1,683/mo |
| 02301 Brockton, MA | $514,649 | $2,239/mo | 3.00% | -$1,315/mo |
| 02169 Quincy, MA | $632,884 | $2,687/mo | 2.89% | -$1,675/mo |
| 84404 Ogden, UT | $425,067 | $1,695/mo | 3.14% | -$1,036/mo |
| 91706 Baldwin Park, CA | $709,075 | $2,959/mo | 3.15% | -$1,726/mo |
| 85212 Mesa, AZ | $553,659 | $2,199/mo | 3.13% | -$1,357/mo |