Real Estate Investing in Ferndale, New York (12734)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12734 (Ferndale, 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: 39.7% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 27.3% 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 Ferndale, NY (12734)?
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Market Analysis: 12734 Ferndale
ZIP 12734 in Ferndale, NY carries a healthy set of headwinds. Home values near $329K and rents of $1,215/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 12734 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader NY picture, 12734 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 12734 ZIP's population of 563 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
Experienced landlords with local relationships tend to find 12734 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Ferndale:
Market Trends
Home Value History (with trend line)
📊 How Does 12734 Compare?
| Metric | 12734 | Ferndale | New York |
|---|---|---|---|
| Home Value | $328,842 | $328,842 | $505,608 |
| 5-Year CAGR | 8.2% | 8.2% | 6.6% |
| Avg Rent | $1,215 | $1,215 | - |
| 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 12734 (Ferndale, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $328,842 |
| Monthly Rent | $1,215 |
| Price-to-Rent | 22.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 11.1% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +8.2% ▲ |
| 10-Year CAGR | +9.6% ▲ |
🏠 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 12734
Population: 563
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Do rentals sit vacant long in Ferndale, NY?
Expect elevated vacancy in Ferndale, NY. Rents at $1,215/mo are absorbed by the tenant base without meaningful lag.
Are renters plentiful in Ferndale, NY?
Ferndale, NY draws a steady base of working renters. Demand at the $1,215/mo rent level is reasonable for standard single-family and small multi rentals.
What investment strategy works best in Ferndale, NY?
Most investors in Ferndale, 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.
What is the typical home price in Ferndale, NY?
In Ferndale, NY the median home value sits at $329K. Against the broader NY market, that reads as reasonable for most investors.
How much rent can I charge in Ferndale, NY?
Ferndale, NY rentals go for roughly $1,215/mo a month. That puts gross yield in solid territory relative to $329K acquisition costs.
You know 12734 now. You don’t know where it ranks.
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