Real Estate Investing in Ravena, New York (12143)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12143 (Ravena, 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.
- Elevated vacancy: 9.3% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Ravena, NY (12143)?
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Market Analysis: 12143 Ravena
ZIP 12143 in Ravena, NY carries a sturdy set of headwinds. Home values near $297K and rents of $1,200/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $297K asset, 12143 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within NY, ZIP 12143 trails on several market indicators that neighboring Albany County submarkets outperform. The gap is real and resilient enough to shape underwriting.
Turning to rents, 5,462 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.
The right play in 12143 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 Ravena:
Property Strategy for 12143
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $228,423 | $1,450 | 4.6% | +7.4% | $114,212 |
| 3BR | $287,676 | $1,750 | 4.4% | +7.3% | $95,892 |
| 4BR | $325,866 | $1,940 | 4.3% | +7.6% | $81,467 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 12143 Compare?
| Metric | 12143 | Ravena | Albany-Schenectady-Troy, NY | New York |
|---|---|---|---|---|
| Home Value | $296,952 | $296,952 | N/A | $505,608 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 6.6% |
| Avg Rent | $1,200 | $1,200 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
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 12143 (Ravena, NY). Anonymous, moderated, never written by AI.
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Property managers serving Albany County
Manage rentals here? List your business →CYC Realty is an association and property management company serving Upstate New York. summary from their website
AllyPropertyManagement.com is a domain name available for sale. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $296,952 |
| Monthly Rent | $1,200 |
| Price-to-Rent | 20.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 (3.2%). 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 12143
Population: 5,462
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 12143
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
PIETER B COEYMANS SCHOOL
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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
What is the typical rental rate in Ravena, NY?
Expect rents around $1,200/mo per month in Ravena, NY. With home values at $297K, the yield math works out to reasonable levels for rental investors.
Which investment style suits Ravena, NY?
Most investors in Ravena, NY run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Do landlords face vacancy issues in Ravena, NY?
Ravena, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What is the typical home price in Ravena, NY?
Median home price in Ravena, NY is near $297K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
Is Ravena, NY a smart market for rental property?
Yes - Ravena, NY a 3.0/5 investability score. With $297K home prices against $1,200/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 12143 now. You don’t know where it ranks.
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How 12143 ranks in Albany-Schenectady-Troy, NY
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