Real Estate Investing in Canajoharie, New York (13317)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13317 (Canajoharie, 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: 19.6% 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 Canajoharie, NY (13317)?
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Market Analysis: 13317 Canajoharie
Investors eyeing 13317 need to respect the fundamentals at play. Home values of $189K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $189K asset, 13317 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 13317 and stronger Canajoharie ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 13317 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 13317 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Canajoharie:
Property Strategy for 13317
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $141,073 | $1,070 | 5.5% | +7.8% | $70,537 |
| 3BR | $178,211 | $1,290 | 5.2% | +6.9% | $59,404 |
| 4BR | $198,034 | $1,420 | 5.2% | +6.9% | $49,509 |
Market Trends
Home Value History (with trend line)
📊 How Does 13317 Compare?
| Metric | 13317 | Canajoharie | Amsterdam, NY | New York |
|---|---|---|---|---|
| Home Value | $188,984 | $188,984 | N/A | $505,608 |
| 5-Year CAGR | 5.2% | 5.2% | N/A | 6.6% |
| Avg Rent | $963 | $963 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13317 (Canajoharie, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $188,984 |
| Monthly Rent | $963 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 (4.0%). 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 13317
Population: 3,970
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 13317
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
Frequently Asked Questions
How does Canajoharie, NY stack up for property investment?
With a 3.0/5 investability score, Canajoharie, NY ranks as a solid market for rental property investors. Median prices of $189K and rents of $963/mo drive the underlying numbers.
How qualified is the tenant pool in Canajoharie, NY?
Working renters make up the core of the Canajoharie, NY tenant base. The pool is reasonable for investors targeting long-term holds.
What are rental rates like in Canajoharie, NY?
Canajoharie, NY rentals go for roughly $963/mo a month. That puts gross yield in solid territory relative to $189K acquisition costs.
How high is vacancy risk in Canajoharie, NY?
Canajoharie, NY sees elevated vacancy, which is reasonable relative to the broader NY rental market.
How much does a house cost in Canajoharie, NY?
Median home price in Canajoharie, NY is near $189K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
You know 13317 now. You don’t know where it ranks.
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How 13317 ranks in Amsterdam, NY
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