Real Estate Investing in Scipio Center, New York (13147)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13147 (Scipio Center, NY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 18.2% 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 Scipio Center, NY (13147)?
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Market Analysis: 13147 Scipio Center
The 13147 ZIP covers a section of Scipio Center that demands careful diligence. Prices near $240K look accessible, but the work to make a deal cash flow is real.
The investment case in 13147 is durable only for operators who understand what they are buying. A $240K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader NY picture, 13147 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 13147 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Scipio Center's stable or hybrid ZIPs before stepping into 13147. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Scipio Center:
Property Strategy for 13147
Which property type performs best in this market?
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| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $225,627 | $1,550 | 4.9% | +6.9% | $75,209 |
| 4BR | $256,381 | $1,780 | 5.0% | +6.2% | $64,095 |
Market Trends
Home Value History (with trend line)
📊 How Does 13147 Compare?
| Metric | 13147 | Scipio Center | Auburn, NY | New York |
|---|---|---|---|---|
| Home Value | $240,152 | $240,152 | N/A | $505,608 |
| 5-Year CAGR | 4.8% | 4.8% | N/A | 6.6% |
| Avg Rent | $1,071 | $1,071 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
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 13147 (Scipio Center, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $240,152 |
| Monthly Rent | $1,071 |
| Price-to-Rent | 18.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +6.6% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 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 (3.5%). 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 13147
Population: 1,043
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
🎓 Nearby Colleges & Universities
Investor Insight: With 1,109 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Do rentals sit vacant long in Scipio Center, NY?
Occupancy in Scipio Center, NY runs consistent with elevated vacancy. Well-priced units at $1,071/mo lease on reasonable timelines.
How strong is Scipio Center, NY for real estate investors?
Investors tracking Scipio Center, NY will find a 3.0/5 rating supported by $240K median home values and $1,071/mo rents. That profile suits long-term holders targeting stable returns.
What kind of tenants rent in Scipio Center, NY?
The renter base in Scipio Center, NY is reasonable for the $1,071/mo price point. Screening well and pricing to market typically yields consistent tenants.
What is the best play in Scipio Center, NY?
The best-fit strategy in Scipio Center, NY is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What is the typical home price in Scipio Center, NY?
The median home value in Scipio Center, NY is roughly $240K. That puts it reasonable relative to the NY statewide average.
You know 13147 now. You don’t know where it ranks.
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How 13147 ranks in Auburn, NY
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