Real Estate Investing in Cape Vincent, New York (13618)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13618 (Cape Vincent, 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: 66.7% 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 Cape Vincent, NY (13618)?
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Market Analysis: 13618 Cape Vincent
The 13618 ZIP in Cape Vincent, NY is a local-operator market. Outside capital chasing a $259K entry has to pair deep knowledge with the discount.
Rent of $1,044/mo on a $259K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 13618 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Cape Vincent have seen price recovery that 13618 has not matched. Jefferson County data supports the view that the spread is structural rather than temporary.
Demographically, 13618 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.
Experienced landlords with local relationships tend to find 13618 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Cape Vincent:
Property Strategy for 13618
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $218,023 | $1,160 | 3.8% | +8.2% | $109,012 |
| 3BR | $249,649 | $1,570 | 4.5% | +7.3% | $83,216 |
| 4BR | $288,797 | $1,920 | 4.8% | +6.0% | $72,199 |
Market Trends
Home Value History (with trend line)
📊 How Does 13618 Compare?
| Metric | 13618 | Cape Vincent | Watertown-Fort Drum, NY | New York |
|---|---|---|---|---|
| Home Value | $259,354 | $259,354 | N/A | $505,608 |
| 5-Year CAGR | 7.7% | 7.7% | N/A | 6.6% |
| Avg Rent | $1,044 | $1,044 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 13618 (Cape Vincent, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $259,354 |
| Monthly Rent | $1,044 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +7.7% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 13618
Population: 1,696
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 13618
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.
Frequently Asked Questions
What is the renter demographic in Cape Vincent, NY?
The renter base in Cape Vincent, NY is reasonable for the $1,044/mo price point. Screening well and pricing to market typically yields steady tenants.
Is Cape Vincent, NY a good market for buy-and-hold investors?
Cape Vincent, NY scores 3.0/5 for investability. Home values sit at $259K and rents near $1,044/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the typical home price in Cape Vincent, NY?
Median home price in Cape Vincent, NY is near $259K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
Is Cape Vincent, NY landlord-friendly?
Landlord-friendliness in Cape Vincent, NY is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the rental occupancy rate in Cape Vincent, NY?
Rental vacancy in Cape Vincent, NY is elevated. Investors should budget normal turnover but not chronic empty units.
You know 13618 now. You don’t know where it ranks.
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How 13618 ranks in Watertown-Fort Drum, NY
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