Real Estate Investing in Tully, New York (13159)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13159 (Tully, 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: 12.9% 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 Tully, NY (13159)?
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Market Analysis: 13159 Tully
The 13159 ZIP in Tully, NY is a local-operator market. Outside capital chasing a $323K entry has to pair deep knowledge with the discount.
From an investor standpoint, the numbers look inviting — $323K purchase price, 0.0% nominal cap — the work to hit that pro forma in 13159 is substantial and deserves full respect.
Meanwhile, 13159 offers a low basis, the region around Tully has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 13159 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. robust returns are possible in 13159, 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 Tully:
Property Strategy for 13159
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $233,779 | $1,500 | 4.6% | +8.3% | $116,890 |
| 3BR | $298,238 | $1,840 | 4.4% | +8.6% | $99,413 |
| 4BR | $370,392 | $2,060 | 4.0% | +9.1% | $92,598 |
| 5BR | $391,310 | — | — | +8.7% | $78,262 |
Market Trends
Home Value History (with trend line)
📊 How Does 13159 Compare?
| Metric | 13159 | Tully | Syracuse, NY | New York |
|---|---|---|---|---|
| Home Value | $323,490 | $323,490 | N/A | $505,608 |
| 5-Year CAGR | 7.5% | 7.5% | N/A | 6.6% |
| Avg Rent | $1,350 | $1,350 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
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 13159 (Tully, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $323,490 |
| Monthly Rent | $1,350 |
| Price-to-Rent | 20.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +9.4% ▲ |
| 3-Year CAGR | +8.1% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (3.3%). 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 13159
Population: 5,297
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 13159
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 1,588 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in Tully, NY?
Expect median prices around $323K in Tully, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
What is the average monthly rent in Tully, NY?
Rents in Tully, NY run near $1,350/mo. Compared with median home prices of $323K that produces solid gross yields for typical rentals.
How do experienced investors play Tully, NY?
A careful cash-flow rentals with hands-on management strategy Tully, NY best. The market produces measured results for that approach at the $323K price point.
Is house hacking profitable in Tully, NY?
Tully, NY is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $323K price point reasonable to enter.
Is Tully, NY good for landlords?
NY law tenant-protective for landlords, and Tully inherits those rules. Investors should still review local ordinances for rental licensing.
You know 13159 now. You don’t know where it ranks.
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How 13159 ranks in Syracuse, NY
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