Real Estate Investing in Marcellus, New York (13108)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13108 (Marcellus, 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 Marcellus, NY (13108)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 13108 Marcellus
Investors eyeing 13108 need to respect the fundamentals at play. Home values of $350K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 13108 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 13108 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 13108 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Marcellus:
Property Strategy for 13108
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $243,174 | $1,370 | 4.1% | +11.7% | $121,587 |
| 3BR | $307,847 | $1,660 | 3.9% | +9.9% | $102,616 |
| 4BR | $377,530 | $1,820 | 3.5% | +9.4% | $94,382 |
| 5BR | $429,455 | — | — | +8.9% | $85,891 |
Market Trends
Home Value History (with trend line)
📊 How Does 13108 Compare?
| Metric | 13108 | Marcellus | Syracuse, NY | New York |
|---|---|---|---|---|
| Home Value | $350,010 | $350,010 | N/A | $505,608 |
| 5-Year CAGR | 8.9% | 8.9% | N/A | 6.6% |
| Avg Rent | $1,233 | $1,233 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
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 13108 (Marcellus, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $350,010 |
| Monthly Rent | $1,233 |
| Price-to-Rent | 23.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.8% |
| 5-Year IRR | 11.7% |
📈 Home Appreciation
| 1-Year | +9.3% ▲ |
| 3-Year CAGR | +9.1% ▲ |
| 5-Year CAGR | +8.9% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (2.8%). 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 13108
Population: 6,144
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 13108
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 2,897 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Do rentals sit vacant long in Marcellus, NY?
Vacancy risk in Marcellus, NY is elevated. That supports predictable cash flow for typical rental holds.
How much does a house cost in Marcellus, NY?
Expect median prices around $350K in Marcellus, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
Is real estate in Marcellus, NY a good investment right now?
The 3.0/5 investability rating in Marcellus, NY reflects its $350K prices and $1,233/mo rents. Investors generally consider it a solid option within NY.
What is the best play in Marcellus, NY?
Most investors in Marcellus, NY run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
What is the average monthly rent in Marcellus, NY?
Marcellus, NY rentals go for roughly $1,233/mo a month. That puts gross yield in solid territory relative to $350K acquisition costs.
You know 13108 now. You don’t know where it ranks.
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How 13108 ranks in Syracuse, NY
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