Real Estate Investing in Malone, New York (12953)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12953 (Malone, NY)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 17.2% 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 Malone, NY (12953)?
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Market Analysis: 12953 Malone
Looking more closely, ZIP 12953 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $149K median. It rewards specialists, not generalists.
The investment case in 12953 is impressive only for operators who understand what they are buying. A $149K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 12953's metrics run below Franklin County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 12953 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 12953 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 Malone:
Property Strategy for 12953
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $116,271 | $1,070 | 6.6% | +6.8% | $58,136 |
| 3BR | $145,576 | $1,330 | 6.6% | +6.9% | $48,525 |
| 4BR | $159,779 | $1,530 | 6.9% | +7.3% | $39,945 |
| 5BR | $215,773 | — | — | +7.3% | $43,155 |
Market Trends
Home Value History (with trend line)
📊 How Does 12953 Compare?
| Metric | 12953 | Malone | Malone, NY | New York |
|---|---|---|---|---|
| Home Value | $149,451 | $149,451 | N/A | $505,608 |
| 5-Year CAGR | 4.5% | 4.5% | N/A | 6.6% |
| Avg Rent | $963 | $963 | N/A | - |
| Cap Rate | 5.0% | 5.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 12953 (Malone, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $149,451 |
| Monthly Rent | $963 |
| Price-to-Rent | 12.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.7% |
| Cap Rate | 5.0% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (5.0%). 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 12953
Population: 12,842
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 12953
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.
Frequently Asked Questions
How do home values compare in Malone, NY?
Median home price in Malone, NY is near $149K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
How qualified is the tenant pool in Malone, NY?
Malone, NY draws a consistent base of working renters. Demand at the $963/mo rent level is reasonable for standard single-family and small multi rentals.
Should investors consider Malone, NY?
Malone, NY clocks in at an investability rating of 3.0/5, with median home values near $149K and average rents around $963/mo. That combination puts it in the impressive tier for investor interest.
How strict are landlord regulations in Malone, NY?
Malone, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
What are vacancy rates like in Malone, NY?
Vacancy risk in Malone, NY is elevated. That supports steady cash flow for typical rental holds.
You know 12953 now. You don’t know where it ranks.
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How 12953 ranks in Malone, NY
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