Real Estate Investing in Warners, New York (13164)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13164 (Warners, 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.
- 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 Warners, NY (13164)?
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Market Analysis: 13164 Warners
Investors eyeing 13164 need to respect the fundamentals at play. Home values of $384K come alongside slower price movement and elevated management overhead.
The investment case in 13164 is notable only for operators who understand what they are buying. A $384K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Looking more closely, 13164 offers a low basis, the region around Warners has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 13164 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
tilts 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 Warners:
Property Strategy for 13164
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $209,048 | $1,430 | 4.9% | +9.5% | $104,524 |
| 3BR | $308,735 | $1,740 | 4.1% | +9.2% | $102,912 |
| 4BR | $434,516 | $1,900 | 3.1% | +11.2% | $108,629 |
Market Trends
Home Value History (with trend line)
📊 How Does 13164 Compare?
| Metric | 13164 | Warners | Syracuse, NY | New York |
|---|---|---|---|---|
| Home Value | $383,969 | $383,969 | N/A | $505,608 |
| 5-Year CAGR | 9.2% | 9.2% | N/A | 6.6% |
| Avg Rent | $1,287 | $1,287 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13164 (Warners, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $383,969 |
| Monthly Rent | $1,287 |
| Price-to-Rent | 24.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 11.8% |
📈 Home Appreciation
| 1-Year | +10.7% ▲ |
| 3-Year CAGR | +9.3% ▲ |
| 5-Year CAGR | +9.2% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 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 (2.6%). 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 13164
Population: 2,695
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 1,824 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do rents currently stand in Warners, NY?
Rental rates in Warners, NY average $1,287/mo. Tenant demand and $384K home values make the yield look reasonable by investor standards.
What strategy should investors use in Warners, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Warners, NY. The numbers - $384K homes against $1,287/mo rents - support that play.
Do rentals sit vacant long in Warners, NY?
Vacancy risk in Warners, NY is elevated. That supports reliable cash flow for typical rental holds.
Is Warners, NY a good market for FHA house hackers?
House hacking in Warners, NY is reasonable to execute. Prices around $384K and rents of $1,287/mo solid owner-occupant economics.
Is Warners, NY a good market for buy-and-hold investors?
Warners, NY registers an investability rating of 3.0/5, with median home values near $384K and average rents around $1,287/mo. That combination puts it in the solid tier for investor interest.
You know 13164 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 13164 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 13164 ranks in Syracuse, NY
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