Real Estate Investing in Vernon, New York (13476)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13476 (Vernon, 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.
- Elevated vacancy: 11.6% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Vernon, NY (13476)?
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Market Analysis: 13476 Vernon
The 13476 ZIP covers a section of Vernon that demands careful diligence. Prices near $257K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 13476 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 13476 sits on the difficult end of the NY spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
From a cash-flow lens, 2,540 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Vernon's stable or hybrid ZIPs before stepping into 13476. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Vernon:
Property Strategy for 13476
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $204,942 | $1,140 | 4.0% | +7.1% | $102,471 |
| 3BR | $245,930 | $1,370 | 4.0% | +8.2% | $81,977 |
| 4BR | $272,471 | $1,580 | 4.2% | +7.5% | $68,118 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 13476 Compare?
| Metric | 13476 | Vernon | Utica-Rome, NY | New York |
|---|---|---|---|---|
| Home Value | $257,026 | $257,026 | N/A | $505,608 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 6.6% |
| Avg Rent | $1,150 | $1,150 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
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 13476 (Vernon, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $257,026 |
| Monthly Rent | $1,150 |
| Price-to-Rent | 18.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (3.5%). 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 13476
Population: 2,540
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 13476
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
Investor Insight: With 1,681 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are home prices like in Vernon, NY?
In Vernon, NY the median home value sits at $257K. Against the broader NY market, that reads as reasonable for most investors.
What is the tenant pool like in Vernon, NY?
Vernon, NY draws a predictable base of working renters. Demand at the $1,150/mo rent level is reasonable for standard single-family and small multi rentals.
Is Vernon, NY better for rentals, flips, or BRRRR?
The best-fit strategy in Vernon, NY is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Does house hacking work in Vernon, NY?
The a challenging house-hack environment in Vernon, NY reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Should investors consider Vernon, NY?
Yes - Vernon, NY a 3.0/5 investability score. With $257K home prices against $1,150/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 13476 now. You don’t know where it ranks.
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How 13476 ranks in Utica-Rome, NY
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