Real Estate Investing in Westerlo, New York (12193)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12193 (Westerlo, 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: 24.1% 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 Westerlo, NY (12193)?
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Market Analysis: 12193 Westerlo
This part of Albany County is not an easy win. The 12193 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $336K asset, 12193 is the wrong submarket. If the plan prices in friction, the yield can still work.
On the rental side, 12193 offers a low basis, the region around Westerlo has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 12193 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Westerlo's stable or hybrid ZIPs before stepping into 12193. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Westerlo:
Property Strategy for 12193
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $259,534 | $1,370 | 3.8% | +7.8% | $129,767 |
| 3BR | $325,440 | $1,690 | 3.7% | +8.2% | $108,480 |
| 4BR | $387,305 | $1,880 | 3.5% | +9.3% | $96,826 |
Market Trends
Home Value History (with trend line)
📊 How Does 12193 Compare?
| Metric | 12193 | Westerlo | Albany-Schenectady-Troy, NY | New York |
|---|---|---|---|---|
| Home Value | $336,388 | $336,388 | N/A | $505,608 |
| 5-Year CAGR | 6.1% | 6.1% | N/A | 6.6% |
| Avg Rent | $1,233 | $1,233 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 12193 (Westerlo, 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 | $336,388 |
| Monthly Rent | $1,233 |
| Price-to-Rent | 22.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (2.9%). 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 12193
Population: 1,829
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
Frequently Asked Questions
Is Westerlo, NY better for rentals, flips, or BRRRR?
The best-fit strategy in Westerlo, NY is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Westerlo, NY landlord-friendly?
The landlord environment in Westerlo, NY is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
What is the tenant pool like in Westerlo, NY?
Working renters make up the core of the Westerlo, NY tenant base. The pool is reasonable for investors targeting long-term holds.
Does a duplex house hack pencil in Westerlo, NY?
House hacking works a challenging in Westerlo, NY. Rents of $1,233/mo against $336K acquisition make the strategy solid for owner-occupants.
Is Westerlo, NY a good market for buy-and-hold investors?
Westerlo, NY rates 3.0/5 for investability. With median values at $336K and rents near $1,233/mo, the market offers reasonable fundamentals for rental investors.
You know 12193 now. You don’t know where it ranks.
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How 12193 ranks in Albany-Schenectady-Troy, NY
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