Real Estate Investing in Jefferson, New York (12093)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12093 (Jefferson, NY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 45.4% of homes vacant — above national norms.
- 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 Jefferson, NY (12093)?
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Market Analysis: 12093 Jefferson
The 12093 ZIP covers a section of Jefferson that demands careful diligence. Prices near $266K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $266K asset, 12093 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 12093's metrics run below Schoharie County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
On balance, 1,258 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.
New investors are better served looking at Jefferson's stable or hybrid ZIPs before stepping into 12093. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Jefferson:
Property Strategy for 12093
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $232,778 | $1,340 | 4.1% | +8.6% | $116,389 |
| 3BR | $262,703 | $1,620 | 4.4% | +8.3% | $87,568 |
| 4BR | $290,210 | $1,780 | 4.4% | +9.2% | $72,552 |
Market Trends
Home Value History (with trend line)
📊 How Does 12093 Compare?
| Metric | 12093 | Jefferson | Albany-Schenectady-Troy, NY | New York |
|---|---|---|---|---|
| Home Value | $266,041 | $266,041 | N/A | $505,608 |
| 5-Year CAGR | 7.5% | 7.5% | N/A | 6.6% |
| Avg Rent | $1,206 | $1,206 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 12093 (Jefferson, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $266,041 |
| Monthly Rent | $1,206 |
| Price-to-Rent | 18.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 11.1% |
📈 Home Appreciation
| 1-Year | +11.5% ▲ |
| 3-Year CAGR | +8.9% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (3.5%). 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 12093
Population: 1,258
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 12093
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
Frequently Asked Questions
How much do tenants pay in Jefferson, NY?
Investors in Jefferson, NY typically see rents near $1,206/mo per month against $266K home values - a solid setup for rental cash flow.
What kind of tenants rent in Jefferson, NY?
Tenant demand in Jefferson, NY is solid. The local workforce $1,206/mo rents across most rental classes.
Is Jefferson, NY a smart market for rental property?
Yes - Jefferson, NY a 3.0/5 investability score. With $266K home prices against $1,206/mo monthly rent, the market delivers a reasonable entry point for new investors.
How should investors approach Jefferson, NY?
A careful cash-flow rentals with hands-on management strategy Jefferson, NY best. The market produces stable results for that approach at the $266K price point.
Do rentals sit vacant long in Jefferson, NY?
Jefferson, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 12093 now. You don’t know where it ranks.
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How 12093 ranks in Albany-Schenectady-Troy, NY
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