Real Estate Investing in Verona Beach, New York (13162)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13162 (Verona Beach, 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: 38.1% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Verona Beach, NY (13162)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 13162 Verona Beach
Turning to rents, ZIP 13162 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $221K median. It rewards specialists, not generalists.
The 13162 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In practical terms, 13162 offers a low basis, the region around Verona Beach has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 13162 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 13162 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Verona Beach:
Market Trends
Home Value History (with trend line)
📊 How Does 13162 Compare?
| Metric | 13162 | Verona Beach | Utica-Rome, NY | New York |
|---|---|---|---|---|
| Home Value | $220,852 | $220,852 | N/A | $505,608 |
| 5-Year CAGR | 9.7% | 9.7% | N/A | 6.6% |
| Avg Rent | $1,062 | $1,062 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
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 13162 (Verona Beach, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 13162 (Verona Beach, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $220,852 |
| Monthly Rent | $1,062 |
| Price-to-Rent | 17.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 13.4% |
📈 Home Appreciation
| 1-Year | +10.5% ▲ |
| 3-Year CAGR | +10.6% ▲ |
| 5-Year CAGR | +9.7% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 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 (3.8%). 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 13162
Population: 150
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 13162
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
DURHAMVILLE SCHOOL
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
Frequently Asked Questions
What is the typical home price in Verona Beach, NY?
Median home price in Verona Beach, NY is near $221K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
Does Verona Beach, NY favor landlords or tenants?
Verona Beach, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
Are tenants stable in Verona Beach, NY?
The tenant pool in Verona Beach, NY is solid, supported by local employment and population fundamentals. Rents of $1,062/mo are well-absorbed by the market.
What kind of vacancy should I budget for in Verona Beach, NY?
Expect elevated vacancy in Verona Beach, NY. Rents at $1,062/mo are absorbed by the tenant base without meaningful lag.
What strategy should investors use in Verona Beach, NY?
Most investors in Verona Beach, 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.
You know 13162 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 13162 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 13162 ranks in Utica-Rome, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 13162 (Verona Beach)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 13162 (Verona Beach, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.