Real Estate Investing in Redfield, New York (13437)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13437 (Redfield, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 80.8% 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 Redfield, NY (13437)?
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Market Analysis: 13437 Redfield
Investors eyeing 13437 need to respect the fundamentals at play. Home values of $142K come alongside slower price movement and elevated management overhead.
Rent of $1,071/mo on a $142K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 13437 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 13437 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 13437 includes headwinds that any investor should price in. Income distribution skews lower than Redfield averages, and tenant stability requires active management.
The right play in 13437 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Redfield:
Market Trends
Home Value History (with trend line)
📊 How Does 13437 Compare?
| Metric | 13437 | Redfield | Syracuse, NY | New York |
|---|---|---|---|---|
| Home Value | $142,366 | $142,366 | N/A | $505,608 |
| 5-Year CAGR | 8.6% | 8.6% | N/A | 6.6% |
| Avg Rent | $1,071 | $1,071 | N/A | - |
| Cap Rate | 5.9% | 5.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13437 (Redfield, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $142,366 |
| Monthly Rent | $1,071 |
| Price-to-Rent | 11.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.0% |
| Cap Rate | 5.9% |
| 5-Year IRR | 14.5% |
📈 Home Appreciation
| 1-Year | +14.9% ▲ |
| 3-Year CAGR | +8.6% ▲ |
| 5-Year CAGR | +8.6% ▲ |
| 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 (5.9%). 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 13437
Population: 254
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
Frequently Asked Questions
How much rent can I charge in Redfield, NY?
Rents in Redfield, NY run near $1,071/mo. Compared with median home prices of $142K that produces solid gross yields for typical rentals.
How viable is house hacking in Redfield, NY?
The house hack math a challenging in Redfield, NY. Owner-occupant buyers benefit from the $1,071/mo rents and $142K home values.
What kind of vacancy should I budget for in Redfield, NY?
Occupancy in Redfield, NY runs predictable with elevated vacancy. Well-priced units at $1,071/mo lease on reasonable timelines.
What are home prices like in Redfield, NY?
The median home value in Redfield, NY is roughly $142K. That puts it reasonable relative to the NY statewide average.
What kind of market is Redfield, NY for investors?
Investors tracking Redfield, NY will find a 3.0/5 rating supported by $142K median home values and $1,071/mo rents. That profile suits long-term holders targeting stable returns.
You know 13437 now. You don’t know where it ranks.
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How 13437 ranks in Syracuse, NY
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