Real Estate Investing in Chase Mills, New York (13621)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13621 (Chase Mills, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 30.8% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 35.5% poverty rate — can affect rent collection.
- Higher unemployment: 20.3% unemployment — tenant risk signal.
• 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 Chase Mills, NY (13621)?
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Market Analysis: 13621 Chase Mills
ZIP 13621 inside Saint Lawrence County looks affordable on the surface — median value of $140K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 13621 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 13621 sits on the difficult end of the NY spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 13621 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 13621 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 Chase Mills:
Market Trends
Home Value History (with trend line)
📊 How Does 13621 Compare?
| Metric | 13621 | Chase Mills | Ogdensburg-Massena, NY | New York |
|---|---|---|---|---|
| Home Value | $139,906 | $139,906 | N/A | $505,608 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 6.6% |
| Avg Rent | $945 | $945 | N/A | - |
| Cap Rate | 5.3% | 5.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13621 (Chase Mills, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $139,906 |
| Monthly Rent | $945 |
| Price-to-Rent | 12.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.1% |
| Cap Rate | 5.3% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +12.3% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 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 (5.3%). 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 13621
Population: 683
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is Chase Mills, NY a smart market for rental property?
The 3.0/5 investability rating in Chase Mills, NY reflects its $140K prices and $945/mo rents. Investors generally consider it a solid option within NY.
Should investors worry about vacancy in Chase Mills, NY?
Chase Mills, NY sees elevated vacancy, which is reasonable relative to the broader NY rental market.
How much rent can I charge in Chase Mills, NY?
Rents in Chase Mills, NY run near $945/mo. Compared with median home prices of $140K that produces solid gross yields for typical rentals.
How strong is tenant demand in Chase Mills, NY?
Working renters make up the core of the Chase Mills, NY tenant base. The pool is reasonable for investors targeting long-term holds.
How do home values compare in Chase Mills, NY?
Homes in Chase Mills, NY typically sell near $140K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
You know 13621 now. You don’t know where it ranks.
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How 13621 ranks in Ogdensburg-Massena, NY
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