Real Estate Investing in Fallsburg, New York (12733)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12733 (Fallsburg, NY)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 89.9% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 81.5% poverty rate — can affect rent collection.
- Lower household income: $32,679 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Fallsburg, NY (12733)?
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Market Analysis: 12733 Fallsburg
Not every below-median market is a bargain. Fallsburg's 12733 ZIP sits at signals that favor experienced operators who can absorb the risk $330K pricing implies.
Put differently, the numbers look inviting — $330K purchase price, 0.0% nominal cap — the work to hit that pro forma in 12733 is substantial and deserves full respect.
ZIP 12733's metrics run below Sullivan County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 12733 ZIP's population of 1,891 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
The right play in 12733 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 Fallsburg:
Property Strategy for 12733
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $228,726 | $1,950 | 6.1% | +14.3% | $114,363 |
| 3BR | $266,376 | $2,710 | 7.3% | +12.2% | $88,792 |
| 4BR | $300,706 | $2,830 | 6.8% | +11.3% | $75,176 |
| 5BR | $419,382 | — | — | +10.4% | $83,876 |
Market Trends
Home Value History (with trend line)
📊 How Does 12733 Compare?
| Metric | 12733 | Fallsburg | New York |
|---|---|---|---|
| Home Value | $330,314 | $330,314 | $505,608 |
| 5-Year CAGR | 8.4% | 8.4% | 6.6% |
| Avg Rent | $1,755 | $1,755 | - |
| Cap Rate | 4.1% | 4.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 12733 (Fallsburg, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $330,314 |
| Monthly Rent | $1,755 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 12.5% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +8.4% ▲ |
| 10-Year CAGR | +9.3% ▲ |
🏠 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 (4.1%). 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 12733
Population: 1,891
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 12733
Schools in This ZIP Code
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
Frequently Asked Questions
How tight is the rental market in Fallsburg, NY?
Vacancy risk in Fallsburg, NY is elevated. That supports steady cash flow for typical rental holds.
What strategy should investors use in Fallsburg, NY?
A careful cash-flow rentals with hands-on management strategy Fallsburg, NY best. The market produces reliable results for that approach at the $330K price point.
What price range are homes in Fallsburg, NY?
The median home value in Fallsburg, NY is roughly $330K. That puts it reasonable relative to the NY statewide average.
Is Fallsburg, NY good for house hacking?
The house hack math a challenging in Fallsburg, NY. Owner-occupant buyers benefit from the $1,755/mo rents and $330K home values.
What is the tenant pool like in Fallsburg, NY?
Expect a solid tenant pool in Fallsburg, NY. The rental market absorbs $1,755/mo rents without meaningful friction.
You know 12733 now. You don’t know where it ranks.
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