Real Estate Investing in Massena, New York (13662)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13662 (Massena, NY)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.5% 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 Massena, NY (13662)?
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Market Analysis: 13662 Massena
The 13662 ZIP covers a section of Massena that demands careful diligence. Prices near $126K look accessible, but the work to make a deal cash flow is real.
From an investor standpoint, the numbers look inviting — $126K purchase price, 0.0% nominal cap — the work to hit that pro forma in 13662 is substantial and deserves full respect.
In the broader NY picture, 13662 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 13662 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 13662 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Massena:
Property Strategy for 13662
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $55,025 | $740 | 9.7% | +6.7% | $55,025 |
| 2BR | $87,887 | $970 | 7.9% | +8.1% | $43,944 |
| 3BR | $120,252 | $1,170 | 7.0% | +8.0% | $40,084 |
| 4BR | $154,009 | $1,290 | 6.0% | +7.7% | $38,502 |
| 5BR | $209,724 | — | — | +8.5% | $41,945 |
Market Trends
Home Value History (with trend line)
📊 How Does 13662 Compare?
| Metric | 13662 | Massena | Ogdensburg-Massena, NY | New York |
|---|---|---|---|---|
| Home Value | $126,180 | $126,180 | N/A | $505,608 |
| 5-Year CAGR | 7.1% | 7.1% | N/A | 6.6% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 5.4% | 5.4% | - | - |
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 13662 (Massena, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $126,180 |
| Monthly Rent | $873 |
| Price-to-Rent | 12.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.3% |
| Cap Rate | 5.4% |
| 5-Year IRR | 12.5% |
📈 Home Appreciation
| 1-Year | +9.4% ▲ |
| 3-Year CAGR | +7.0% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 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 (5.4%). 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 13662
Population: 15,737
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 13662
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 typical renter like in Massena, NY?
The tenant pool in Massena, NY is solid, supported by local employment and population fundamentals. Rents of $873/mo are well-absorbed by the market.
How does Massena, NY stack up for property investment?
Massena, NY scores 3.0/5 for investability. Home values sit at $126K and rents near $873/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the median home value in Massena, NY?
The median home value in Massena, NY is roughly $126K. That puts it reasonable relative to the NY statewide average.
What is it like being a landlord in Massena, NY?
Massena, NY operates under NY law, which is tenant-protective overall for landlords. Expect measured treatment in typical lease and eviction cases.
Does house hacking make sense in Massena, NY?
The house hack math a challenging in Massena, NY. Owner-occupant buyers benefit from the $873/mo rents and $126K home values.
You know 13662 now. You don’t know where it ranks.
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How 13662 ranks in Ogdensburg-Massena, NY
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