Real Estate Investing in Middleville, New York (13406)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13406 (Middleville, 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: 16.1% of homes vacant — above national norms.
- 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 Middleville, NY (13406)?
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Market Analysis: 13406 Middleville
In practical terms, ZIP 13406 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $183K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 13406 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 13406 sits on the difficult end of the NY spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
A resilient renter share of 3% in 13406 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 13406 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Middleville:
Market Trends
Home Value History (with trend line)
📊 How Does 13406 Compare?
| Metric | 13406 | Middleville | Utica-Rome, NY | New York |
|---|---|---|---|---|
| Home Value | $183,437 | $183,437 | N/A | $505,608 |
| 5-Year CAGR | 7.6% | 7.6% | N/A | 6.6% |
| Avg Rent | $945 | $945 | 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 13406 (Middleville, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $183,437 |
| Monthly Rent | $945 |
| Price-to-Rent | 16.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 11.6% |
📈 Home Appreciation
| 1-Year | +7.4% ▲ |
| 3-Year CAGR | +8.2% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 13406
Population: 491
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
Frequently Asked Questions
What are rental rates like in Middleville, NY?
Rental rates in Middleville, NY average $945/mo. Tenant demand and $183K home values make the yield look reasonable by investor standards.
Are homes affordable in Middleville, NY?
Middleville, NY home values average about $183K. That price point suits investors targeting rentals with $945/mo in monthly income.
Which investment style suits Middleville, NY?
A careful cash-flow rentals with hands-on management strategy Middleville, NY best. The market produces steady results for that approach at the $183K price point.
Is house hacking profitable in Middleville, NY?
House hacking in Middleville, NY is reasonable to execute. Prices around $183K and rents of $945/mo solid owner-occupant economics.
How does Middleville, NY rate as a rental market?
Middleville, NY rates 3.0/5 for investability. With median values at $183K and rents near $945/mo, the market offers reasonable fundamentals for rental investors.
You know 13406 now. You don’t know where it ranks.
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How 13406 ranks in Utica-Rome, NY
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