Are condos in Rowley mostly renter-occupied or owner-occupied?

About 39% of condos in Rowley are renter-occupied, indicating a healthy rental market alongside owner residents.

How has the housing market changed recently in Rowley, MA?

Rental rates have grown by around 4.5% annually, with a low vacancy rate near 3%, suggesting strong demand for housing in the area.

What are the major economic drivers in Rowley?

Rowley's economy benefits from proximity to major employers like Massachusetts General Hospital and Boston Scientific, which help sustain local employment and income levels.

Condo Investment Properties for Sale in Rowley, MA

Property at 17 Arthur Gordon Dr UNIT 17, Rowley, MA

3 Bed
2 Bath
1400 sft

17 Arthur Gordon Dr UNIT 17, Rowley, MA, 01969

Property at 8 Longmeadow Dr #14A, Rowley, MA

2 Bed
2 Bath
1328 sft

8 Longmeadow Dr #14A, Rowley, MA, 01969

Property at 20 Lawrence Rd APT 5, Rowley, MA

2 Bed
1 Bath
808 sft

20 Lawrence Rd APT 5, Rowley, MA, 01969

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Property at 270 Littleton Rd Trlr 5, Chelmsford, MA

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Property at 140 Chestnut St APT 204, Springfield, MA

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Property at 83 Clark Rd UNIT 41, Shirley, MA

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Property at 19 Lakewood Dr, Pittsfield, MA

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Property at 3132 Cranberry Hwy #59, Buzzards Bay, MA

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2 Bath
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Property at 3 Iroquois Dr, North Adams, MA

Listed for sale 7 days ago

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1 Bath
1080 sft

3 Iroquois Dr, North Adams, MA, 01247

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3.3 Gibbs Rd, Blandford, MA, 01008

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77 Newton St, Holyoke, MA, 01040

Property at 310 Old Chatham #D-30, South Dennis, MA

2 Bed
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600 sft

310 Old Chatham #D-30, South Dennis, MA, 02660

Property at 846 Broadway #1-2, Saugus, MA

2 Bed
1 Bath
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846 Broadway #1-2, Saugus, MA, 01906

Property at 0 City Depot Rd, Charlton, MA

- Bed
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- Bed
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Property at 43 Colony Rd #2A, West Springfield, MA

2 Bed
1 Bath
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Property at 23 Riverview Cir, Brimfield, MA

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Why Invest in Rowley, Massachusetts?

Investing in condos in Rowley, MA offers a unique opportunity for steady rental yields and solid cash flow in a thriving community. Rowley's local market benefits from a average ROI of 6.5%, with cap rates around 5%, supporting profitable investments. Appreciation rates of 3.2% annually indicate long-term growth potential for condo investors. Rental yields are healthy at 7%, supported by favorable demand and a renter-occupied rate nearing 40%. With a stable average rent of $1,800, condos in Rowley provide attractive income for real estate investment portfolios.

6.5%

Avg. ROI

Rental Yield

Cap Rate

$950/mo

Avg. Cash Flow

$1800/mo

Avg. Rent

3.2%

1Y Appreciation

Frequently Asked Questions

The average ROI for condo investments in Rowley is approximately 6.5%, reflecting a stable and attractive market for real estate investors.

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Condo Investment Properties for Sale in Rowley, MA

Why Invest in Rowley, Massachusetts?

Frequently Asked Questions

What is the typical ROI for condo investments in Rowley, MA?

Are condos in Rowley mostly renter-occupied or owner-occupied?

How has the housing market changed recently in Rowley, MA?

What are the major economic drivers in Rowley?

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