Real Estate Investing in East Worcester, New York (12064)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12064 (East Worcester, NY)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 57.1% of homes vacant — above national norms.
- 1-year downturn: Values declined 4.5% in the last year.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Higher unemployment: 9.5% unemployment — tenant risk signal.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in East Worcester, NY (12064)?
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Market Analysis: 12064 East Worcester
Investors eyeing 12064 need to respect the fundamentals at play. Home values of $131K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 12064 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 12064's metrics run below Otsego County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 12064 includes headwinds that any investor should price in. Income distribution skews lower than East Worcester averages, and tenant stability requires active management.
The right play in 12064 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in East Worcester:
Market Trends
Home Value History (with trend line)
📊 How Does 12064 Compare?
| Metric | 12064 | East Worcester | Oneonta, NY | New York |
|---|---|---|---|---|
| Home Value | $131,462 | $131,462 | N/A | $505,608 |
| 5-Year CAGR | N/A | N/A | N/A | 6.6% |
| Avg Rent | $1,233 | $1,233 | N/A | - |
| Cap Rate | 7.3% | 7.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 12064 (East Worcester, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $131,462 |
| Monthly Rent | $1,233 |
| Price-to-Rent | 8.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.3% |
| Cap Rate | 7.3% |
| 5-Year IRR | 2.8% |
📈 Home Appreciation
| 1-Year | -4.5% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.3%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 12064
Population: 314
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is East Worcester, NY a good market for buy-and-hold investors?
Investors tracking East Worcester, NY will find a 3.0/5 rating supported by $131K median home values and $1,233/mo rents. That profile suits long-term holders targeting stable returns.
How much rent can I charge in East Worcester, NY?
Rents in East Worcester, NY run near $1,233/mo. Compared with median home prices of $131K that produces solid gross yields for typical rentals.
What price range are homes in East Worcester, NY?
The median home value in East Worcester, NY is roughly $131K. That puts it reasonable relative to the NY statewide average.
Can I live-in-and-rent in East Worcester, NY?
The house hack math a challenging in East Worcester, NY. Owner-occupant buyers benefit from the $1,233/mo rents and $131K home values.
Which real estate strategy fits East Worcester, NY?
The best-fit strategy in East Worcester, NY is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 12064 now. You don’t know where it ranks.
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