Real Estate Investing in Norfolk, New York (13667)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13667 (Norfolk, 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.
- Elevated vacancy: 9.1% 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 Norfolk, NY (13667)?
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Market Analysis: 13667 Norfolk
From an investor standpoint, ZIP 13667 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $125K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 13667 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 13667 and stronger Norfolk ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 13667 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Norfolk:
Property Strategy for 13667
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $97,335 | $1,010 | 7.5% | +7.6% | $48,667 |
| 3BR | $128,667 | $1,210 | 6.8% | +7.2% | $42,889 |
| 4BR | $132,745 | $1,340 | 7.3% | +8.0% | $33,186 |
Market Trends
Home Value History (with trend line)
📊 How Does 13667 Compare?
| Metric | 13667 | Norfolk | Ogdensburg-Massena, NY | New York |
|---|---|---|---|---|
| Home Value | $125,469 | $125,469 | N/A | $505,608 |
| 5-Year CAGR | 5.2% | 5.2% | N/A | 6.6% |
| Avg Rent | $909 | $909 | N/A | - |
| Cap Rate | 5.7% | 5.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13667 (Norfolk, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $125,469 |
| Monthly Rent | $909 |
| Price-to-Rent | 11.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.7% |
| Cap Rate | 5.7% |
| 5-Year IRR | 10.9% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 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 (5.7%). 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 13667
Population: 3,460
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 Norfolk, NY a good place for real estate investing?
Norfolk, NY sits at an investability rating of 3.0/5, with median home values near $125K and average rents around $909/mo. That combination puts it in the significant tier for investor interest.
How much is rent in Norfolk, NY?
Norfolk, NY rentals go for roughly $909/mo a month. That puts gross yield in solid territory relative to $125K acquisition costs.
Where do home prices stand in Norfolk, NY?
Norfolk, NY median home values land near $125K. That is reasonable territory for investors looking at $909/mo-per-month rentals.
How tight is the rental market in Norfolk, NY?
Vacancy risk in Norfolk, NY is elevated. That supports consistent cash flow for typical rental holds.
What is it like being a landlord in Norfolk, NY?
NY ranks as a tenant-protective state for landlord-tenant law. Norfolk generally follows the statewide framework, so landlords face reasonable operating rules.
You know 13667 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 13667 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 13667 ranks in Ogdensburg-Massena, NY
Every ZIP in this metro, ranked. Free.
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Community Ratings
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