Real Estate Investing in Cazenovia, New York (13035)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13035 (Cazenovia, 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.
- Elevated vacancy: 10.2% vacancy may signal weakening demand.
- 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 Cazenovia, NY (13035)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 13035 Cazenovia
From an investor standpoint, ZIP 13035 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $419K median. It rewards specialists, not generalists.
The 13035 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
From a cash-flow lens, 13035 offers a low basis, the region around Cazenovia has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 13035 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 13035 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Cazenovia:
Property Strategy for 13035
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $270,020 | $1,570 | 4.2% | +8.3% | $135,010 |
| 3BR | $346,659 | $1,910 | 4.0% | +9.2% | $115,553 |
| 4BR | $458,446 | $2,080 | 3.3% | +9.4% | $114,611 |
| 5BR | $584,192 | — | — | +9.4% | $116,838 |
Market Trends
Home Value History (with trend line)
📊 How Does 13035 Compare?
| Metric | 13035 | Cazenovia | Syracuse, NY | New York |
|---|---|---|---|---|
| Home Value | $419,047 | $419,047 | N/A | $505,608 |
| 5-Year CAGR | 8.2% | 8.2% | N/A | 6.6% |
| Avg Rent | $1,413 | $1,413 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
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 13035 (Cazenovia, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 13035 (Cazenovia, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $419,047 |
| Monthly Rent | $1,413 |
| Price-to-Rent | 24.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.6% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +7.3% ▲ |
| 5-Year CAGR | +8.2% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (2.6%). 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 13035
Population: 8,191
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 13035
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What approach is best for Cazenovia, NY real estate?
Investors usually favor careful cash-flow rentals with hands-on management in Cazenovia, NY. With home values at $419K and rents near $1,413/mo, other strategies can work but produce measured rather than outsized returns.
How landlord-friendly is Cazenovia, NY?
Rental owners in Cazenovia, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
Can I house hack in Cazenovia, NY?
House hacking in Cazenovia, NY is reasonable to execute. Prices around $419K and rents of $1,413/mo solid owner-occupant economics.
Is Cazenovia, NY a good place for real estate investing?
Our data puts Cazenovia, NY at 3.0/5 for investability. Home prices of $419K and rents around $1,413/mo create a solid backdrop for investor activity.
What kind of tenants rent in Cazenovia, NY?
Working renters make up the core of the Cazenovia, NY tenant base. The pool is reasonable for investors targeting long-term holds.
You know 13035 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 13035 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 13035 ranks in Syracuse, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 13035 (Cazenovia)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 13035 (Cazenovia, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.