Real Estate Investing in Syracuse, New York (13207)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13207 (Syracuse, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- Elevated vacancy: 11.2% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 22.6% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Syracuse, NY (13207)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 13207 Syracuse
The 13207 ZIP covers a section of Syracuse that demands careful diligence. Prices near $183K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $183K asset, 13207 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 13207 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 13207 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. impressive returns are possible in 13207, 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 Syracuse:
Property Strategy for 13207
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $145,165 | $1,440 | 7.1% | +12.3% | $72,582 |
| 3BR | $169,733 | $1,750 | 7.4% | +10.4% | $56,578 |
| 4BR | $196,008 | $1,910 | 7.0% | +9.9% | $49,002 |
| 5BR | $248,847 | — | — | +8.3% | $49,769 |
Market Trends
Home Value History (with trend line)
📊 How Does 13207 Compare?
| Metric | 13207 | Syracuse | Syracuse, NY | New York |
|---|---|---|---|---|
| Home Value | $182,736 | $122,370 | N/A | $505,608 |
| 5-Year CAGR | 8.3% | 8.6% | N/A | 6.6% |
| Avg Rent | $1,296 | $1,469 | N/A | - |
| Cap Rate | 5.5% | 5.1% | - | - |
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 13207 (Syracuse, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $182,736 |
| Monthly Rent | $1,296 |
| Price-to-Rent | 11.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.5% |
| Cap Rate | 5.5% |
| 5-Year IRR | 13.8% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +8.8% ▲ |
| 5-Year CAGR | +8.3% ▲ |
| 10-Year CAGR | +9.1% ▲ |
🏠 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 (5.5%). 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 13207
Population: 12,383
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 13207
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
DELAWARE PRIMARY SCHOOL
EDWARD SMITH K-8 SCHOOL
FRAZER K-8 SCHOOL
INSTITUTE OF TECHNOLOGY AT SYRACUSE CENTRAL
MCKINLEY-BRIGHTON ELEMENTARY 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
Investor Insight: With 1,824 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is housing expensive in Syracuse, NY?
Syracuse, NY median home values land near $183K. That is reasonable territory for investors looking at $1,296/mo-per-month rentals.
How deep is the rental pool in Syracuse, NY?
Expect a solid tenant pool in Syracuse, NY. The rental market absorbs $1,296/mo rents without meaningful friction.
What does house hacking look like in Syracuse, NY?
For house hackers, Syracuse, NY is a challenging. The $1,296/mo rent on a unit helps defray the mortgage on a $183K property.
What real estate strategy is ideal for Syracuse, NY?
For Syracuse, NY, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is rental property easy to operate in Syracuse, NY?
Landlord-friendliness in Syracuse, NY is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 13207 now. You don’t know where it ranks.
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How 13207 ranks in Syracuse, NY
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