Real Estate Investing in Red Creek, New York (13143)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13143 (Red Creek, 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: 15.5% 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 Red Creek, NY (13143)?
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Market Analysis: 13143 Red Creek
This part of Wayne County is not an easy win. The 13143 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Turning to rents, the numbers look inviting — $193K purchase price, 0.0% nominal cap — the work to hit that pro forma in 13143 is substantial and deserves full respect.
ZIP 13143's metrics run below Wayne County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 13143 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. significant returns are possible in 13143, 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 Red Creek:
Property Strategy for 13143
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $167,625 | $1,350 | 5.8% | +5.1% | $83,813 |
| 3BR | $184,976 | $1,680 | 6.5% | +6.3% | $61,659 |
| 4BR | $200,785 | $1,870 | 6.7% | +5.6% | $50,196 |
Market Trends
Home Value History (with trend line)
📊 How Does 13143 Compare?
| Metric | 13143 | Red Creek | Rochester, NY | New York |
|---|---|---|---|---|
| Home Value | $193,252 | $193,252 | N/A | $505,608 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 6.6% |
| Avg Rent | $1,215 | $1,215 | N/A | - |
| Cap Rate | 4.9% | 4.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13143 (Red Creek, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $193,252 |
| Monthly Rent | $1,215 |
| Price-to-Rent | 13.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.9% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +6.8% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (4.9%). 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 13143
Population: 2,405
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 13143
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.
Frequently Asked Questions
How does Red Creek, NY stack up for property investment?
With a 3.0/5 investability score, Red Creek, NY ranks as a solid market for rental property investors. Median prices of $193K and rents of $1,215/mo drive the underlying numbers.
What do landlords charge for rent in Red Creek, NY?
The typical rental in Red Creek, NY commands about $1,215/mo monthly. That rent profile stable cash flow against the $193K purchase basis.
How do home values compare in Red Creek, NY?
Median home price in Red Creek, NY is near $193K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
Are eviction rules reasonable in Red Creek, NY?
Red Creek, NY operates under NY law, which is tenant-protective overall for landlords. Expect reliable treatment in typical lease and eviction cases.
Is Red Creek, NY better for rentals, flips, or BRRRR?
The best-fit strategy in Red Creek, NY is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 13143 now. You don’t know where it ranks.
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How 13143 ranks in Rochester, NY
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