Real Estate Investing in Maryland, New York (12116)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12116 (Maryland, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 38.7% 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 Maryland, NY (12116)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 12116 Maryland
The 12116 ZIP covers a section of Maryland that demands careful diligence. Prices near $216K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 12116 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader NY picture, 12116 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 12116 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Maryland's stable or hybrid ZIPs before stepping into 12116. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Maryland:
Property Strategy for 12116
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $184,608 | $1,300 | 5.1% | +8.2% | $92,304 |
| 3BR | $216,315 | $1,560 | 5.2% | +6.8% | $72,105 |
| 4BR | $259,170 | $1,720 | 4.8% | — | $64,792 |
Market Trends
Home Value History (with trend line)
📊 How Does 12116 Compare?
| Metric | 12116 | Maryland | Oneonta, NY | New York |
|---|---|---|---|---|
| Home Value | $215,740 | $215,740 | N/A | $505,608 |
| 5-Year CAGR | 6.0% | 6.0% | N/A | 6.6% |
| Avg Rent | $1,170 | $1,170 | N/A | - |
| Cap Rate | 4.2% | 4.2% | - | - |
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 12116 (Maryland, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 12116 (Maryland, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $215,740 |
| Monthly Rent | $1,170 |
| Price-to-Rent | 15.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +8.4% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (4.2%). 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 12116
Population: 1,533
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 housing expensive in Maryland, NY?
Typical homes in Maryland, NY go for around $216K. The 5-year CAGR of 0.0% consistent price movement.
Is Maryland, NY good for landlords?
Maryland, NY operates under NY law, which is tenant-protective overall for landlords. Expect measured treatment in typical lease and eviction cases.
How strong is tenant demand in Maryland, NY?
The tenant pool in Maryland, NY is solid, supported by local employment and population fundamentals. Rents of $1,170/mo are well-absorbed by the market.
How strong is Maryland, NY for real estate investors?
Investors tracking Maryland, NY will find a 3.0/5 rating supported by $216K median home values and $1,170/mo rents. That profile suits long-term holders targeting measured returns.
What do landlords charge for rent in Maryland, NY?
The typical rental in Maryland, NY commands about $1,170/mo monthly. That rent profile stable cash flow against the $216K purchase basis.
You know 12116 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 12116 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 12116 ranks in Oneonta, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 12116 (Maryland)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 12116 (Maryland, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.