Real Estate Investing in Elmsford, New York (10523)
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Should you buy in 10523 (Elmsford, NY)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.8% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Elmsford, NY (10523)?
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Market Analysis: 10523 Elmsford
Not every below-median market is a bargain. Elmsford's 10523 ZIP reports signals that favor experienced operators who can absorb the risk $717K pricing implies.
For an experienced owner, 10523 can be a an appealing option for hunting ground — but the discount at $717K reflects genuine risk that outside investors often underestimate.
Regionally, 10523 sits on the difficult end of the NY spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 10523 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 10523 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Elmsford:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10523 Compare?
| Metric | 10523 | Elmsford | New York |
|---|---|---|---|
| Home Value | $717,407 | $717,407 | $505,608 |
| 5-Year CAGR | 5.6% | 5.6% | 6.6% |
| Avg Rent | $3,131 | $3,131 | - |
| Cap Rate | 3.4% | 3.4% | - |
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 10523 (Elmsford, NY). Anonymous, moderated, never written by AI.
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Property managers serving Westchester County
Manage rentals here? List your business →Comfort Usukumah is a REALTOR specializing in assisting buyers and sellers in New York, providing access to all listings and home value discussions. summary from their website
Real Property Management Westchester is a property management company serving Westchester, NY. summary from their website
Igor Krasnoperov helps clients sell their homes with a guaranteed price. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $717,407 |
| Monthly Rent | $3,131 |
| Price-to-Rent | 19.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +9.6% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 Rent Trends
| 1-Year | +0.2% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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 10523
Population: 9,773
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 10523
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CHURCH STREET SCHOOL
HAWTHORNE ELEMENTARY SCHOOL
IRVINGTON HIGH SCHOOL
IRVINGTON MIDDLE SCHOOL
KENSICO SCHOOL
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,907 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Elmsford, NY for real estate investors?
Our data puts Elmsford, NY at 3.0/5 for investability. Home prices of $717K and rents around $3,131/mo create a solid backdrop for investor activity.
Is housing expensive in Elmsford, NY?
Typical homes in Elmsford, NY go for around $717K. The 5-year CAGR of 0.0% steady price movement.
What is the rental occupancy rate in Elmsford, NY?
Expect elevated vacancy in Elmsford, NY. Rents at $3,131/mo are absorbed by the tenant base without meaningful lag.
Is Elmsford, NY landlord-friendly?
Landlord-friendliness in Elmsford, NY is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is Elmsford, NY better for rentals, flips, or BRRRR?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Elmsford, NY. The numbers - $717K homes against $3,131/mo rents - support that play.
You know 10523 now. You don’t know where it ranks.
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How 10523 ranks in New York-Newark-Jersey City, NY-NJ-PA
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