Real Estate Investing in Lacona, New York (13083)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13083 (Lacona, 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: 16.3% 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 Lacona, NY (13083)?
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Market Analysis: 13083 Lacona
The 13083 ZIP covers a section of Lacona that demands careful diligence. Prices near $195K look accessible, but the work to make a deal cash flow is real.
The investment case in 13083 is resilient only for operators who understand what they are buying. A $195K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Lacona have seen price recovery that 13083 has not matched. Oswego County data supports the view that the spread is structural rather than temporary.
A impressive renter share of 22% in 13083 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Lacona's stable or hybrid ZIPs before stepping into 13083. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Lacona:
Property Strategy for 13083
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $160,425 | $1,230 | 5.5% | +6.9% | $80,213 |
| 3BR | $204,648 | $1,570 | 5.5% | +7.2% | $68,216 |
| 4BR | $220,072 | $1,920 | 6.3% | +7.4% | $55,018 |
Market Trends
Home Value History (with trend line)
📊 How Does 13083 Compare?
| Metric | 13083 | Lacona | Syracuse, NY | New York |
|---|---|---|---|---|
| Home Value | $195,253 | $195,253 | N/A | $505,608 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 6.6% |
| Avg Rent | $1,107 | $1,107 | 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 13083 (Lacona, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $195,253 |
| Monthly Rent | $1,107 |
| Price-to-Rent | 14.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 11.4% |
📈 Home Appreciation
| 1-Year | +13.6% ▲ |
| 3-Year CAGR | +7.7% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 13083
Population: 1,861
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
How quickly do rentals get leased in Lacona, NY?
Lacona, NY sees elevated vacancy, which is reasonable relative to the broader NY rental market.
How does Lacona, NY rate as a rental market?
Our data puts Lacona, NY at 3.0/5 for investability. Home prices of $195K and rents around $1,107/mo create a solid backdrop for investor activity.
How deep is the rental pool in Lacona, NY?
Working renters make up the core of the Lacona, NY tenant base. The pool is reasonable for investors targeting long-term holds.
Is NY a landlord-friendly state?
NY law tenant-protective for landlords, and Lacona inherits those rules. Investors should still review local ordinances for rental licensing.
Where do home prices stand in Lacona, NY?
Typical homes in Lacona, NY go for around $195K. The 5-year CAGR of 0.0% reliable price movement.
You know 13083 now. You don’t know where it ranks.
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How 13083 ranks in Syracuse, NY
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