Real Estate Investing in Monroe, New York (10950)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10950 (Monroe, 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.
- Elevated vacancy: 8.6% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 21.2% poverty rate — can affect rent collection.
What’s happening in Monroe, NY (10950)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 10950 Monroe
On the rental side, ZIP 10950 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $532K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 10950 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Meanwhile, 10950 offers a low basis, the region around Monroe has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 10950 ZIP's population of 65,391 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
New investors are better served looking at Monroe's stable or hybrid ZIPs before stepping into 10950. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Monroe:
Property Strategy for 10950
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $229,256 | $1,680 | 5.3% | +10.8% | $229,256 |
| 2BR | $329,360 | $2,140 | 4.7% | +9.4% | $164,680 |
| 3BR | $486,434 | $2,720 | 4.0% | +9.3% | $162,145 |
| 4BR | $624,233 | $2,910 | 3.4% | +8.3% | $156,058 |
| 5BR | $673,447 | — | — | +7.9% | $134,689 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10950 Compare?
| Metric | 10950 | Monroe | Poughkeepsie-Newburgh-Middletown, NY | New York |
|---|---|---|---|---|
| Home Value | $532,482 | $532,482 | N/A | $505,608 |
| 5-Year CAGR | 6.1% | 6.1% | N/A | 6.6% |
| Avg Rent | $3,188 | $3,188 | N/A | - |
| Cap Rate | 4.7% | 4.7% | - | - |
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 10950 (Monroe, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $532,482 |
| Monthly Rent | $3,188 |
| Price-to-Rent | 13.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +0.2% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 Rent Trends
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.7%). 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 10950
Population: 65,391
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 10950
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 3,111 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Monroe, NY better for rentals, flips, or BRRRR?
Investors usually favor careful cash-flow rentals with hands-on management in Monroe, NY. With home values at $532K and rents near $3,188/mo, other strategies can work but produce steady rather than outsized returns.
Does house hacking make sense in Monroe, NY?
House hacking in Monroe, NY is a challenging. With home values around $532K and rents at $3,188/mo, owner-occupants can offset a meaningful share of PITI.
Is the tenant base reliable in Monroe, NY?
Monroe, NY draws a measured base of working renters. Demand at the $3,188/mo rent level is reasonable for standard single-family and small multi rentals.
Is Monroe, NY a good market for buy-and-hold investors?
With a 3.0/5 investability score, Monroe, NY ranks as a solid market for rental property investors. Median prices of $532K and rents of $3,188/mo drive the underlying numbers.
Is rental property easy to operate in Monroe, NY?
Monroe, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
You know 10950 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 10950 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 10950 ranks in Poughkeepsie-Newburgh-Middletown, NY
Every ZIP in this metro, ranked. Free.
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