Real Estate Investing in Castorland, New York (13620)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13620 (Castorland, 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: 10.2% vacancy may signal weakening demand.
- 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 Castorland, NY (13620)?
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Market Analysis: 13620 Castorland
This part of Lewis County is not an easy win. The 13620 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $1,026/mo on a $217K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 13620 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Castorland have seen price recovery that 13620 has not matched. Lewis County data supports the view that the spread is structural rather than temporary.
The demographic picture in 13620 includes headwinds that any investor should price in. Income distribution skews lower than Castorland averages, and tenant stability requires active management.
Distressed ZIPs reward experience. significant returns are possible in 13620, 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 Castorland:
Property Strategy for 13620
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $187,391 | $1,140 | 4.4% | +7.4% | $93,695 |
| 3BR | $208,643 | $1,590 | 5.5% | +7.3% | $69,548 |
| 4BR | $226,126 | $1,860 | 5.9% | +7.6% | $56,531 |
Market Trends
Home Value History (with trend line)
📊 How Does 13620 Compare?
| Metric | 13620 | Castorland | New York |
|---|---|---|---|
| Home Value | $217,093 | $217,093 | $505,608 |
| 5-Year CAGR | 5.5% | 5.5% | 6.6% |
| Avg Rent | $1,026 | $1,026 | - |
| Cap Rate | 3.7% | 3.7% | - |
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 13620 (Castorland, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $217,093 |
| Monthly Rent | $1,026 |
| Price-to-Rent | 17.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +6.6% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 (3.7%). 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 13620
Population: 2,150
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 13620
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
BEAVER RIVER ELEMENTARY SCHOOL
BEAVER RIVER SENIOR HIGH SCHOOL
BEAVER RIVER MIDDLE SCHOOL
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
How qualified is the tenant pool in Castorland, NY?
Castorland, NY draws a measured base of working renters. Demand at the $1,026/mo rent level is reasonable for standard single-family and small multi rentals.
Is Castorland, NY good for landlords?
Castorland, NY operates under NY law, which is tenant-protective overall for landlords. Expect stable treatment in typical lease and eviction cases.
What is the median home value in Castorland, NY?
Castorland, NY median home values land near $217K. That is reasonable territory for investors looking at $1,026/mo-per-month rentals.
How much do tenants pay in Castorland, NY?
Investors in Castorland, NY typically see rents near $1,026/mo per month against $217K home values - a solid setup for rental cash flow.
How does Castorland, NY stack up for property investment?
The 3.0/5 investability rating in Castorland, NY reflects its $217K prices and $1,026/mo rents. Investors generally consider it a solid option within NY.
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