Real Estate Investing in Fort Plain, New York (13339)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13339 (Fort Plain, NY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 20.9% 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 Fort Plain, NY (13339)?
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Market Analysis: 13339 Fort Plain
From an investor standpoint, ZIP 13339 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $180K median. It rewards specialists, not generalists.
For an experienced owner, 13339 can be a worth a close look for hunting ground — but the discount at $180K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 13339 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 13339 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 13339 is an operator game, not a passive one. Put differently, entry prices of $180K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Fort Plain:
Property Strategy for 13339
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $141,965 | $1,070 | 5.4% | +7.9% | $70,982 |
| 3BR | $169,258 | $1,330 | 5.7% | +7.0% | $56,419 |
| 4BR | $196,882 | $1,490 | 5.4% | +7.3% | $49,221 |
| 5BR | $273,077 | — | — | +6.1% | $54,615 |
Market Trends
Home Value History (with trend line)
📊 How Does 13339 Compare?
| Metric | 13339 | Fort Plain | Amsterdam, NY | New York |
|---|---|---|---|---|
| Home Value | $179,862 | $179,862 | N/A | $505,608 |
| 5-Year CAGR | 4.8% | 4.8% | N/A | 6.6% |
| Avg Rent | $963 | $963 | N/A | - |
| Cap Rate | 4.2% | 4.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13339 (Fort Plain, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $179,862 |
| Monthly Rent | $963 |
| Price-to-Rent | 15.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.2% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +6.0% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (4.2%). 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 13339
Population: 6,131
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 13339
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.
Frequently Asked Questions
What are rental rates like in Fort Plain, NY?
Fort Plain, NY rentals go for roughly $963/mo a month. That puts gross yield in solid territory relative to $180K acquisition costs.
Is vacancy a concern in Fort Plain, NY?
Fort Plain, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How does Fort Plain, NY rate as a rental market?
Investors tracking Fort Plain, NY will find a 3.0/5 rating supported by $180K median home values and $963/mo rents. That profile suits long-term holders targeting even-keeled returns.
Is Fort Plain, NY good for house hacking?
Fort Plain, NY offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $963/mo rent level.
How landlord-friendly is Fort Plain, NY?
NY ranks as a tenant-protective state for landlord-tenant law. Fort Plain generally follows the statewide framework, so landlords face reasonable operating rules.
You know 13339 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 13339 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 13339 ranks in Amsterdam, NY
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