Real Estate Investing in Newport, New York (13416)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13416 (Newport, NY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 14.2% 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 Newport, NY (13416)?
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Market Analysis: 13416 Newport
On the rental side, ZIP 13416 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $230K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 13416 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In practical terms, 13416 offers a low basis, the region around Newport has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 13416 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategy in 13416 is an operator game, not a passive one. On balance, entry prices of $230K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Newport:
Property Strategy for 13416
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $190,853 | $1,050 | 4.0% | +7.1% | $95,426 |
| 3BR | $212,025 | $1,260 | 4.3% | +7.6% | $70,675 |
| 4BR | $232,060 | $1,490 | 4.6% | +7.1% | $58,015 |
Market Trends
Home Value History (with trend line)
📊 How Does 13416 Compare?
| Metric | 13416 | Newport | Utica-Rome, NY | New York |
|---|---|---|---|---|
| Home Value | $229,702 | $229,702 | N/A | $505,608 |
| 5-Year CAGR | 7.0% | 7.0% | N/A | 6.6% |
| Avg Rent | $945 | $945 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13416 (Newport, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $229,702 |
| Monthly Rent | $945 |
| Price-to-Rent | 20.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +11.6% ▲ |
| 3-Year CAGR | +8.1% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 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 (3.2%). 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 13416
Population: 2,120
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 13416
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 do home values compare in Newport, NY?
The median home value in Newport, NY is roughly $230K. That puts it reasonable relative to the NY statewide average.
What is the tenant pool like in Newport, NY?
Newport, NY draws a even-keeled base of working renters. Demand at the $945/mo rent level is reasonable for standard single-family and small multi rentals.
Is rental property easy to operate in Newport, NY?
NY ranks as a tenant-protective state for landlord-tenant law. Newport generally follows the statewide framework, so landlords face reasonable operating rules.
What does house hacking look like in Newport, NY?
House hacking works a challenging in Newport, NY. Rents of $945/mo against $230K acquisition make the strategy solid for owner-occupants.
What type of investing works in Newport, NY?
In Newport, NY the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $230K prices and $945/mo rents suits that approach.
You know 13416 now. You don’t know where it ranks.
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How 13416 ranks in Utica-Rome, NY
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