Real Estate Investing in Hammond, New York (13646)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13646 (Hammond, 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: 64.0% 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 Hammond, NY (13646)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 13646 Hammond
The 13646 ZIP in Hammond, NY is a local-operator market. Outside capital chasing a $185K entry has to pair deep knowledge with the discount.
The 13646 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 13646 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 13646 ZIP's population of 2,373 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Experienced landlords with local relationships tend to find 13646 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 Hammond:
Property Strategy for 13646
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $165,083 | $1,160 | 5.1% | +8.6% | $82,541 |
| 3BR | $201,312 | $1,570 | 5.6% | +7.5% | $67,104 |
| 4BR | $205,688 | $1,920 | 6.7% | +8.2% | $51,422 |
Market Trends
Home Value History (with trend line)
📊 How Does 13646 Compare?
| Metric | 13646 | Hammond | Ogdensburg-Massena, NY | New York |
|---|---|---|---|---|
| Home Value | $184,940 | $184,940 | N/A | $505,608 |
| 5-Year CAGR | 6.6% | 6.6% | N/A | 6.6% |
| Avg Rent | $1,044 | $1,044 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
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 13646 (Hammond, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 13646 (Hammond, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $184,940 |
| Monthly Rent | $1,044 |
| Price-to-Rent | 14.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +8.0% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (4.4%). 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 13646
Population: 2,373
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 13646
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 monthly rent should investors expect in Hammond, NY?
Rents in Hammond, NY run near $1,044/mo. Compared with median home prices of $185K that produces solid gross yields for typical rentals.
Are eviction rules reasonable in Hammond, NY?
Hammond, NY operates under NY law, which is tenant-protective overall for landlords. Expect predictable treatment in typical lease and eviction cases.
Should investors consider Hammond, NY?
Hammond, NY comes in at an investability rating of 3.0/5, with median home values near $185K and average rents around $1,044/mo. That combination puts it in the sturdy tier for investor interest.
What investment strategy works best in Hammond, NY?
A careful cash-flow rentals with hands-on management strategy Hammond, NY best. The market produces predictable results for that approach at the $185K price point.
What is the renter demographic in Hammond, NY?
Tenant demand in Hammond, NY is solid. The local workforce $1,044/mo rents across most rental classes.
You know 13646 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 13646 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 13646 ranks in Ogdensburg-Massena, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 13646 (Hammond)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 13646 (Hammond, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.