Real Estate Investing in Purdys, New York (10578)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10578 (Purdys, NY)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Purdys, NY (10578)?
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Market Analysis: 10578 Purdys
This part of Westchester County is not an easy win. The 10578 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.
For an experienced owner, 10578 can be a a credible choice for hunting ground — but the discount at $684K reflects genuine risk that outside investors often underestimate.
ZIP 10578's metrics run below Westchester County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A significant renter share of 0% in 10578 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Purdys's stable or hybrid ZIPs before stepping into 10578. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Purdys:
Market Trends
Home Value History (with trend line)
📊 How Does 10578 Compare?
| Metric | 10578 | Purdys | New York |
|---|---|---|---|
| Home Value | $684,380 | $684,380 | $505,608 |
| 5-Year CAGR | 5.8% | 5.8% | 6.6% |
| Avg Rent | $3,555 | $3,555 | - |
| Cap Rate | 4.1% | 4.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 10578 (Purdys, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $684,380 |
| Monthly Rent | $3,555 |
| Price-to-Rent | 16.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.1% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 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 (4.1%). 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 10578
Population: 1,851
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 10578
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
INCREASE MILLER ELEMENTARY SCHOOL
PRIMROSE SCHOOL
SOMERS INTERMEDIATE SCHOOL
SOMERS MIDDLE SCHOOL
SOMERS SENIOR HIGH 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
Frequently Asked Questions
Should investors consider Purdys, NY?
With a 3.0/5 investability score, Purdys, NY ranks as a solid market for rental property investors. Median prices of $684K and rents of $3,555/mo drive the underlying numbers.
Which investment style suits Purdys, NY?
Investors usually favor careful cash-flow rentals with hands-on management in Purdys, NY. With home values at $684K and rents near $3,555/mo, other strategies can work but produce measured rather than outsized returns.
Do landlords face vacancy issues in Purdys, NY?
Rental vacancy in Purdys, NY is elevated. Investors should budget normal turnover but not chronic empty units.
How viable is house hacking in Purdys, NY?
House hacking in Purdys, NY is a challenging. With home values around $684K and rents at $3,555/mo, owner-occupants can offset a meaningful share of PITI.
Are rents high in Purdys, NY?
Purdys, NY rentals go for roughly $3,555/mo a month. That puts gross yield in solid territory relative to $684K acquisition costs.
You know 10578 now. You don’t know where it ranks.
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How 10578 ranks in New York-Newark-Jersey City, NY-NJ-PA
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