Real Estate Investing in Narrowsburg, New York (12764)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12764 (Narrowsburg, 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: 42.7% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 31.5 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Narrowsburg, NY (12764)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 12764 Narrowsburg
The 12764 ZIP in Narrowsburg, NY is a local-operator market. Outside capital chasing a $378K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 12764 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader NY picture, 12764 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 12764 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 12764 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 Narrowsburg:
Property Strategy for 12764
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $271,070 | $1,110 | 2.9% | +11.7% | $135,535 |
| 3BR | $394,949 | $1,550 | 2.8% | +10.6% | $131,650 |
| 4BR | $432,348 | $1,640 | 2.7% | +10.3% | $108,087 |
Market Trends
Home Value History (with trend line)
📊 How Does 12764 Compare?
| Metric | 12764 | Narrowsburg | New York |
|---|---|---|---|
| Home Value | $378,099 | $378,099 | $505,608 |
| 5-Year CAGR | 6.8% | 6.8% | 6.6% |
| Avg Rent | $999 | $999 | - |
| Cap Rate | 2.1% | 2.1% | - |
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 12764 (Narrowsburg, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 12764 (Narrowsburg, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $378,099 |
| Monthly Rent | $999 |
| Price-to-Rent | 31.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +6.4% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 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 (2.1%). 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 12764
Population: 1,827
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 is the best play in Narrowsburg, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Narrowsburg, NY. The numbers - $378K homes against $999/mo rents - support that play.
What is the rental occupancy rate in Narrowsburg, NY?
Expect elevated vacancy in Narrowsburg, NY. Rents at $999/mo are absorbed by the tenant base without meaningful lag.
How deep is the rental pool in Narrowsburg, NY?
Narrowsburg, NY draws a steady base of working renters. Demand at the $999/mo rent level is reasonable for standard single-family and small multi rentals.
Is Narrowsburg, NY good for house hacking?
Narrowsburg, NY offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $999/mo rent level.
How strong are rents in Narrowsburg, NY?
Expect rents around $999/mo per month in Narrowsburg, NY. With home values at $378K, the yield math works out to reasonable levels for rental investors.
You know 12764 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 12764 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.
AI Market Advisor
Ask questions about investing in 12764 (Narrowsburg)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 12764 (Narrowsburg, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.