Real Estate Investing in Sherburne, New York (13460)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13460 (Sherburne, 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: 17.9% 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 Sherburne, NY (13460)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 13460 Sherburne
This part of Chenango County is not an easy win. The 13460 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 13460 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 13460's metrics run below Chenango County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 13460 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. robust returns are possible in 13460, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Sherburne:
Property Strategy for 13460
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $135,978 | $1,190 | 6.3% | +7.5% | $67,989 |
| 3BR | $171,661 | $1,460 | 6.1% | +5.8% | $57,220 |
| 4BR | $218,578 | $1,640 | 5.4% | +7.0% | $54,645 |
Market Trends
Home Value History (with trend line)
📊 How Does 13460 Compare?
| Metric | 13460 | Sherburne | New York |
|---|---|---|---|
| Home Value | $190,715 | $190,715 | $505,608 |
| 5-Year CAGR | 6.3% | 6.3% | 6.6% |
| Avg Rent | $1,071 | $1,071 | - |
| Cap Rate | 4.4% | 4.4% | - |
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 13460 (Sherburne, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $190,715 |
| Monthly Rent | $1,071 |
| Price-to-Rent | 14.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +17.0% ▲ |
| 3-Year CAGR | +7.7% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (4.4%). 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 13460
Population: 4,286
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 13460
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
What are home prices like in Sherburne, NY?
In Sherburne, NY the median home value sits at $191K. Against the broader NY market, that reads as reasonable for most investors.
Are tenants stable in Sherburne, NY?
Expect a solid tenant pool in Sherburne, NY. The rental market absorbs $1,071/mo rents without meaningful friction.
What real estate strategy is ideal for Sherburne, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Sherburne, NY. The numbers - $191K homes against $1,071/mo rents - support that play.
What kind of vacancy should I budget for in Sherburne, NY?
Rental vacancy in Sherburne, NY is elevated. Investors should budget normal turnover but not chronic empty units.
Is rental property easy to operate in Sherburne, NY?
NY law tenant-protective for landlords, and Sherburne inherits those rules. Investors should still review local ordinances for rental licensing.
You know 13460 now. You don’t know where it ranks.
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