Real Estate Investing in Goshen, New York (10924)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10924 (Goshen, NY)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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.
What’s happening in Goshen, NY (10924)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 10924 Goshen
ZIP 10924 in Goshen, NY carries a resilient set of headwinds. Home values near $580K and rents of $2,814/mo sit inside a market where underwriting has to be tight.
Stepping back, the numbers look inviting — $580K purchase price, 0.0% nominal cap — the work to hit that pro forma in 10924 is substantial and deserves full respect.
Within NY, ZIP 10924 trails on several market indicators that neighboring Orange County submarkets outperform. The gap is real and resilient enough to shape underwriting.
On the rental side, 13,612 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. resilient returns are possible in 10924, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Goshen:
Property Strategy for 10924
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $365,069 | $1,950 | 3.8% | +8.9% | $182,534 |
| 3BR | $482,879 | $2,470 | 3.7% | +8.9% | $160,960 |
| 4BR | $653,117 | $2,650 | 2.9% | +8.9% | $163,279 |
| 5BR | $753,600 | — | — | +9.1% | $150,720 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10924 Compare?
| Metric | 10924 | Goshen | Poughkeepsie-Newburgh-Middletown, NY | New York |
|---|---|---|---|---|
| Home Value | $579,820 | $579,820 | N/A | $505,608 |
| 5-Year CAGR | 6.8% | 6.8% | N/A | 6.6% |
| Avg Rent | $2,814 | $2,814 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
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 10924 (Goshen, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 10924 (Goshen, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $579,820 |
| Monthly Rent | $2,814 |
| Price-to-Rent | 17.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +6.0% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (3.8%). 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 10924
Population: 13,612
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 10924
Schools in This ZIP Code
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 1,348 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in Goshen, NY?
Expect median prices around $580K in Goshen, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
Are tenants stable in Goshen, NY?
Goshen, NY draws a reliable base of working renters. Demand at the $2,814/mo rent level is reasonable for standard single-family and small multi rentals.
Which real estate strategy fits Goshen, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Goshen, NY. The numbers - $580K homes against $2,814/mo rents - support that play.
Is rental property easy to operate in Goshen, NY?
Landlord-friendliness in Goshen, NY is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Are there empty rentals in Goshen, NY?
Vacancy in Goshen, NY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,814/mo.
You know 10924 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 10924 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 10924 ranks in Poughkeepsie-Newburgh-Middletown, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 10924 (Goshen)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 10924 (Goshen, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.