Real Estate Investing in Oak Hill, New York (12460)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12460 (Oak Hill, NY)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 36.5% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 22.9% poverty rate — can affect rent collection.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Oak Hill, NY (12460)?
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Market Analysis: 12460 Oak Hill
ZIP 12460 inside Albany County looks affordable on the surface — median value of $318K — but the discount exists for reasons that a careful buyer should understand before committing.
Stepping back, the numbers look inviting — $318K purchase price, 0.0% nominal cap — the work to hit that pro forma in 12460 is substantial and deserves full respect.
The gap between 12460 and stronger Oak Hill ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 12460 ZIP's population of 161 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
The right play in 12460 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 Oak Hill:
Market Trends
Home Value History (with trend line)
📊 How Does 12460 Compare?
| Metric | 12460 | Oak Hill | Albany-Schenectady-Troy, NY | New York |
|---|---|---|---|---|
| Home Value | $318,006 | $318,006 | N/A | $505,608 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 6.6% |
| Avg Rent | $1,332 | $1,332 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 12460 (Oak Hill, 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 | $318,006 |
| Monthly Rent | $1,332 |
| Price-to-Rent | 19.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +0.7% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (3.3%). 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 12460
Population: 161
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
What kind of market is Oak Hill, NY for investors?
With a 3.0/5 investability score, Oak Hill, NY ranks as a solid market for rental property investors. Median prices of $318K and rents of $1,332/mo drive the underlying numbers.
What is it like being a landlord in Oak Hill, NY?
Rental owners in Oak Hill, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
Where do rents currently stand in Oak Hill, NY?
Oak Hill, NY rentals go for roughly $1,332/mo a month. That puts gross yield in solid territory relative to $318K acquisition costs.
How do experienced investors play Oak Hill, NY?
In Oak Hill, NY the robust play is typically careful cash-flow rentals with hands-on management. The combination of $318K prices and $1,332/mo rents suits that approach.
How quickly do rentals get leased in Oak Hill, NY?
Occupancy in Oak Hill, NY runs reliable with elevated vacancy. Well-priced units at $1,332/mo lease on reasonable timelines.
You know 12460 now. You don’t know where it ranks.
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How 12460 ranks in Albany-Schenectady-Troy, NY
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