Real Estate Investing in Woodgate, New York (13494)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13494 (Woodgate, NY)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 81.4% 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 Woodgate, NY (13494)?
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Market Analysis: 13494 Woodgate
Investors eyeing 13494 need to respect the fundamentals at play. Home values of $300K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 13494 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 13494 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 13494 includes headwinds that any investor should price in. Income distribution skews lower than Woodgate averages, and tenant stability requires active management.
The 13494 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Woodgate:
Market Trends
Home Value History (with trend line)
📊 How Does 13494 Compare?
| Metric | 13494 | Woodgate | Utica-Rome, NY | New York |
|---|---|---|---|---|
| Home Value | $300,467 | $300,467 | N/A | $505,608 |
| 5-Year CAGR | 7.6% | 7.6% | N/A | 6.6% |
| Avg Rent | $1,188 | $1,188 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13494 (Woodgate, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $300,467 |
| Monthly Rent | $1,188 |
| Price-to-Rent | 21.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +11.5% ▲ |
| 3-Year CAGR | +8.7% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 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 (3.1%). 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 13494
Population: 312
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
What do rentals go for in Woodgate, NY?
Rental rates in Woodgate, NY average $1,188/mo. Tenant demand and $300K home values make the yield look reasonable by investor standards.
Is Woodgate, NY landlord-friendly?
NY law tenant-protective for landlords, and Woodgate inherits those rules. Investors should still review local ordinances for rental licensing.
Is Woodgate in NY worth investing in?
Investors tracking Woodgate, NY will find a 3.0/5 rating supported by $300K median home values and $1,188/mo rents. That profile suits long-term holders targeting consistent returns.
Does house hacking make sense in Woodgate, NY?
House hacking in Woodgate, NY is reasonable to execute. Prices around $300K and rents of $1,188/mo solid owner-occupant economics.
Should investors worry about vacancy in Woodgate, NY?
Woodgate, NY sees elevated vacancy, which is reasonable relative to the broader NY rental market.
You know 13494 now. You don’t know where it ranks.
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How 13494 ranks in Utica-Rome, NY
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