Real Estate Investing in Syracuse, New York (13219)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13219 (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.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Syracuse, NY (13219)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 13219 Syracuse
The 13219 ZIP in Syracuse, NY is a local-operator market. Outside capital chasing a $268K entry has to pair deep knowledge with the discount.
Looking more closely, the numbers look inviting — $268K purchase price, 0.0% nominal cap — the work to hit that pro forma in 13219 is substantial and deserves full respect.
Nearby ZIPs in Syracuse have seen price recovery that 13219 has not matched. Onondaga County data supports the view that the spread is structural rather than temporary.
Resident income in 13219 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 13219 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 Syracuse:
Property Strategy for 13219
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $202,868 | $1,430 | 5.1% | +10.2% | $101,434 |
| 3BR | $240,417 | $1,740 | 5.2% | +9.7% | $80,139 |
| 4BR | $291,099 | $1,900 | 4.7% | +10.0% | $72,775 |
| 5BR | $322,006 | — | — | +10.2% | $64,401 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 13219 Compare?
| Metric | 13219 | Syracuse | Syracuse, NY | New York |
|---|---|---|---|---|
| Home Value | $268,187 | $122,370 | N/A | $505,608 |
| 5-Year CAGR | 9.1% | 8.6% | N/A | 6.6% |
| Avg Rent | $1,425 | $1,469 | N/A | - |
| Cap Rate | 4.1% | 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 13219 (Syracuse, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 13219 (Syracuse, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $268,187 |
| Monthly Rent | $1,425 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 13.2% |
📈 Home Appreciation
| 1-Year | +10.4% ▲ |
| 3-Year CAGR | +9.2% ▲ |
| 5-Year CAGR | +9.1% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 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 (4.1%). 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 13219
Population: 15,546
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 13219
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
DELAWARE PRIMARY SCHOOL
FRAZER K-8 SCHOOL
PORTER ELEMENTARY SCHOOL
SEYMOUR DUAL LANGUAGE ACADEMY
SYRACUSE STEM AT BLODGETT
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
Are tenants stable in Syracuse, NY?
Syracuse, NY draws a even-keeled base of working renters. Demand at the $1,425/mo rent level is reasonable for standard single-family and small multi rentals.
Can I house hack in Syracuse, NY?
Syracuse, NY is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $268K price point reasonable to enter.
How high is vacancy risk in Syracuse, NY?
Syracuse, NY carries elevated vacancy risk. Expect consistent absorption at market rents of $1,425/mo.
How landlord-friendly is Syracuse, NY?
The landlord environment in Syracuse, NY is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
How much should I expect to pay for a home in Syracuse, NY?
Expect median prices around $268K in Syracuse, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
You know 13219 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 13219 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 13219 ranks in Syracuse, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 13219 (Syracuse)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 13219 (Syracuse, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.