Real Estate Investing in Kingston, New York (12401)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12401 (Kingston, NY)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.7% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Kingston, NY (12401)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 12401 Kingston
This part of Ulster County is not an easy win. The 12401 ZIP reports 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 $395K asset, 12401 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 12401 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 12401 ZIP's population of 35,058 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
The 12401 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Kingston:
Property Strategy for 12401
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $263,656 | $1,430 | 3.9% | +12.3% | $263,656 |
| 2BR | $318,097 | $1,870 | 4.2% | +11.7% | $159,049 |
| 3BR | $382,242 | $2,310 | 4.4% | +11.2% | $127,414 |
| 4BR | $488,377 | $2,480 | 3.7% | +11.6% | $122,094 |
| 5BR | $613,361 | — | — | +11.9% | $122,672 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 12401 Compare?
| Metric | 12401 | Kingston | Kingston, NY | New York |
|---|---|---|---|---|
| Home Value | $394,718 | $98,680 | N/A | $505,608 |
| 5-Year CAGR | 7.1% | 7.1% | N/A | 6.6% |
| Avg Rent | $1,978 | $1,978 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
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 12401 (Kingston, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $394,718 |
| Monthly Rent | $1,978 |
| Price-to-Rent | 16.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +9.3% ▲ |
🏠 Rent Trends
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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 12401
Population: 35,058
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 12401
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
ERNEST C MYER SCHOOL
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
Investor Insight: With 845 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are there empty rentals in Kingston, NY?
Kingston, NY carries elevated vacancy risk. Expect measured absorption at market rents of $1,978/mo.
What is the typical rental rate in Kingston, NY?
Rent in Kingston, NY is around $1,978/mo. The resulting rent-to-value relationship with $395K pricing is reasonable for most investor models.
How expensive is real estate in Kingston, NY?
In Kingston, NY the median home value sits at $395K. Against the broader NY market, that reads as reasonable for most investors.
What is the smart move for investors in Kingston, NY?
A careful cash-flow rentals with hands-on management strategy Kingston, NY best. The market produces measured results for that approach at the $395K price point.
What kind of market is Kingston, NY for investors?
Kingston, NY rates 3.0/5 for investability. With median values at $395K and rents near $1,978/mo, the market offers reasonable fundamentals for rental investors.
You know 12401 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 12401 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 12401 ranks in Kingston, NY
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