Real Estate Investing in Groton, New York (13073)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13073 (Groton, 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.
- 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 Groton, NY (13073)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 13073 Groton
On the rental side, ZIP 13073 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $253K median. It rewards specialists, not generalists.
For an experienced owner, 13073 can be a worth a close look for hunting ground — but the discount at $253K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Groton have seen price recovery that 13073 has not matched. Tompkins County data supports the view that the spread is structural rather than temporary.
Who lives in 13073 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 13073 is an operator game, not a passive one. On balance, entry prices of $253K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Groton:
Property Strategy for 13073
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $200,276 | $1,540 | 5.5% | +7.4% | $100,138 |
| 3BR | $241,600 | $1,850 | 5.5% | +7.5% | $80,533 |
| 4BR | $260,649 | $2,120 | 5.9% | +7.0% | $65,162 |
Market Trends
Home Value History (with trend line)
📊 How Does 13073 Compare?
| Metric | 13073 | Groton | Ithaca, NY | New York |
|---|---|---|---|---|
| Home Value | $252,827 | $252,827 | N/A | $505,608 |
| 5-Year CAGR | 6.1% | 6.1% | N/A | 6.6% |
| Avg Rent | $1,386 | $1,386 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
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 13073 (Groton, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $252,827 |
| Monthly Rent | $1,386 |
| Price-to-Rent | 15.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +5.7% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 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 (4.3%). 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 13073
Population: 6,246
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 13073
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
Investor Insight: With 1,184 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the investability score for Groton, NY?
With a 3.0/5 investability score, Groton, NY ranks as a solid market for rental property investors. Median prices of $253K and rents of $1,386/mo drive the underlying numbers.
What real estate strategy is ideal for Groton, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Groton, NY. The numbers - $253K homes against $1,386/mo rents - support that play.
Do rentals sit vacant long in Groton, NY?
Occupancy in Groton, NY runs measured with elevated vacancy. Well-priced units at $1,386/mo lease on reasonable timelines.
Can I live-in-and-rent in Groton, NY?
Groton, NY offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,386/mo rent level.
How qualified is the tenant pool in Groton, NY?
Groton, NY draws a steady base of working renters. Demand at the $1,386/mo rent level is reasonable for standard single-family and small multi rentals.
You know 13073 now. You don’t know where it ranks.
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How 13073 ranks in Ithaca, NY
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