Real Estate Investing in Cranberry Lake, New York (12927)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12927 (Cranberry Lake, NY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 70.6% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• 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 Cranberry Lake, NY (12927)?
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Market Analysis: 12927 Cranberry Lake
Not every below-median market is a bargain. Cranberry Lake's 12927 ZIP stands at signals that favor experienced operators who can absorb the risk $291K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 12927 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 12927 sits on the difficult end of the NY spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
A substantial renter share of 6% in 12927 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Cranberry Lake:
Market Trends
Home Value History (with trend line)
📊 How Does 12927 Compare?
| Metric | 12927 | Cranberry Lake | Ogdensburg-Massena, NY | New York |
|---|---|---|---|---|
| Home Value | $290,560 | $290,560 | N/A | $505,608 |
| 5-Year CAGR | 8.3% | 8.3% | N/A | 6.6% |
| Avg Rent | $999 | $999 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 12927 (Cranberry Lake, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $290,560 |
| Monthly Rent | $999 |
| Price-to-Rent | 24.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 10.9% |
📈 Home Appreciation
| 1-Year | +12.5% ▲ |
| 3-Year CAGR | +10.1% ▲ |
| 5-Year CAGR | +8.3% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (2.7%). 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 12927
Population: 308
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
How much is rent in Cranberry Lake, NY?
Average rent in Cranberry Lake, NY is approximately $999/mo per month. Against $291K home values that yields a reasonable rent-to-price ratio.
Which real estate strategy fits Cranberry Lake, NY?
For Cranberry Lake, NY, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How much should I expect to pay for a home in Cranberry Lake, NY?
Cranberry Lake, NY home values average about $291K. That price point suits investors targeting rentals with $999/mo in monthly income.
Is real estate in Cranberry Lake, NY a good investment right now?
Our data puts Cranberry Lake, NY at 3.0/5 for investability. Home prices of $291K and rents around $999/mo create a solid backdrop for investor activity.
Are landlord laws favorable in Cranberry Lake, NY?
Cranberry Lake, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
You know 12927 now. You don’t know where it ranks.
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How 12927 ranks in Ogdensburg-Massena, NY
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