Real Estate Investing in Cayuga, New York (13034)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13034 (Cayuga, 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: 27.7% 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 Cayuga, NY (13034)?
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Market Analysis: 13034 Cayuga
The 13034 ZIP in Cayuga, NY is a local-operator market. Outside capital chasing a $312K entry has to pair deep knowledge with the discount.
Rent of $1,062/mo on a $312K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 13034 sits below the stated 0.0% once reality is priced in.
In the broader NY picture, 13034 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A impressive renter share of 14% in 13034 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. notable returns are possible in 13034, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Cayuga:
Property Strategy for 13034
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $296,140 | $1,180 | 2.9% | +8.7% | $148,070 |
| 3BR | $273,099 | $1,540 | 4.1% | +6.7% | $91,033 |
| 4BR | $325,488 | $1,760 | 3.9% | +7.5% | $81,372 |
Market Trends
Home Value History (with trend line)
📊 How Does 13034 Compare?
| Metric | 13034 | Cayuga | Auburn, NY | New York |
|---|---|---|---|---|
| Home Value | $312,479 | $283,201 | N/A | $505,608 |
| 5-Year CAGR | 7.0% | 6.2% | N/A | 6.6% |
| Avg Rent | $1,062 | $1,107 | N/A | - |
| Cap Rate | 2.7% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13034 (Cayuga, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $312,479 |
| Monthly Rent | $1,062 |
| Price-to-Rent | 24.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +11.8% ▲ |
| 3-Year CAGR | +7.4% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 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 13034
Population: 2,088
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
Investor Insight: With 1,109 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong are rents in Cayuga, NY?
Rental rates in Cayuga, NY average $1,062/mo. Tenant demand and $312K home values make the yield look reasonable by investor standards.
How strong is tenant demand in Cayuga, NY?
Cayuga, NY offers a steady renter base at the $1,062/mo rent level. Tenant turnover is reasonable for well-managed properties.
What are vacancy rates like in Cayuga, NY?
Occupancy in Cayuga, NY runs even-keeled with elevated vacancy. Well-priced units at $1,062/mo lease on reasonable timelines.
What are home prices like in Cayuga, NY?
Cayuga, NY home values average about $312K. That price point suits investors targeting rentals with $1,062/mo in monthly income.
What approach is best for Cayuga, NY real estate?
A careful cash-flow rentals with hands-on management strategy Cayuga, NY best. The market produces reliable results for that approach at the $312K price point.
You know 13034 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 13034 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.
How 13034 ranks in Auburn, NY
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