Real Estate Investing in Ellenburg Center, New York (12934)
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Should you buy in 12934 (Ellenburg Center, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.3% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ellenburg Center, NY (12934)?
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Market Analysis: 12934 Ellenburg Center
Investors eyeing 12934 need to respect the fundamentals at play. Home values of $174K come alongside slower price movement and elevated management overhead.
The 12934 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 12934 and stronger Ellenburg Center ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 12934 ZIP's population of 1,147 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
Strategically, 12934 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Ellenburg Center:
Market Trends
Home Value History (with trend line)
📊 How Does 12934 Compare?
| Metric | 12934 | Ellenburg Center | Plattsburgh, NY | New York |
|---|---|---|---|---|
| Home Value | $174,011 | $174,011 | N/A | $505,608 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 6.6% |
| Avg Rent | $972 | $972 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 12934 (Ellenburg Center, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $174,011 |
| Monthly Rent | $972 |
| Price-to-Rent | 14.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +11.3% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 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 (4.4%). 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 12934
Population: 1,147
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
Does Ellenburg Center, NY make sense for an investment property?
Ellenburg Center, NY posts an investability rating of 3.0/5, with median home values near $174K and average rents around $972/mo. That combination puts it in the resilient tier for investor interest.
How much rent can I charge in Ellenburg Center, NY?
Rental rates in Ellenburg Center, NY average $972/mo. Tenant demand and $174K home values make the yield look reasonable by investor standards.
Do landlords face vacancy issues in Ellenburg Center, NY?
Ellenburg Center, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How strong is tenant demand in Ellenburg Center, NY?
The tenant pool in Ellenburg Center, NY is solid, supported by local employment and population fundamentals. Rents of $972/mo are well-absorbed by the market.
Are homes affordable in Ellenburg Center, NY?
Typical homes in Ellenburg Center, NY go for around $174K. The 5-year CAGR of 0.0% steady price movement.
You know 12934 now. You don’t know where it ranks.
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