Real Estate Investing in Cassville, New York (13318)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13318 (Cassville, 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.
- Elevated vacancy: 10.1% vacancy may signal weakening demand.
- 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 Cassville, NY (13318)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 13318 Cassville
ZIP 13318 inside Oneida County looks affordable on the surface — median value of $257K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 13318 can be a worth a close look for hunting ground — but the discount at $257K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 13318 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 13318 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
trends 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 Cassville:
Market Trends
Home Value History (with trend line)
📊 How Does 13318 Compare?
| Metric | 13318 | Cassville | Utica-Rome, NY | New York |
|---|---|---|---|---|
| Home Value | $257,431 | $257,431 | N/A | $505,608 |
| 5-Year CAGR | 7.2% | 7.2% | N/A | 6.6% |
| Avg Rent | $990 | $990 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
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 13318 (Cassville, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 13318 (Cassville, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $257,431 |
| Monthly Rent | $990 |
| Price-to-Rent | 21.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +8.2% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 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 (3.0%). 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 13318
Population: 982
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 1,859 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical renter like in Cassville, NY?
Cassville, NY offers a reliable renter base at the $990/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is the smart move for investors in Cassville, NY?
In Cassville, NY the durable play is typically careful cash-flow rentals with hands-on management. The combination of $257K prices and $990/mo rents suits that approach.
Is Cassville, NY a friendly market for rental owners?
For rental operators, Cassville, NY rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
Is Cassville, NY good for house hacking?
The house hack math a challenging in Cassville, NY. Owner-occupant buyers benefit from the $990/mo rents and $257K home values.
How much does a house cost in Cassville, NY?
Homes in Cassville, NY typically sell near $257K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
You know 13318 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 13318 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 13318 ranks in Utica-Rome, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 13318 (Cassville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 13318 (Cassville, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.