Real Estate Investing in Star Lake, New York (13690)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13690 (Star Lake, 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: 39.4% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• 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 Star Lake, NY (13690)?
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Market Analysis: 13690 Star Lake
In practical terms, ZIP 13690 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $109K median. It rewards specialists, not generalists.
For an experienced owner, 13690 can be a an appealing option for hunting ground — but the discount at $109K reflects genuine risk that outside investors often underestimate.
Looking more closely, 13690 offers a low basis, the region around Star Lake has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 13690 includes headwinds that any investor should price in. Income distribution skews lower than Star Lake averages, and tenant stability requires active management.
seems to 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 Star Lake:
Property Strategy for 13690
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $63,888 | $990 | 11.2% | +5.1% | $31,944 |
| 3BR | $99,458 | $1,190 | 8.6% | +6.8% | $33,153 |
Market Trends
Home Value History (with trend line)
📊 How Does 13690 Compare?
| Metric | 13690 | Star Lake | Ogdensburg-Massena, NY | New York |
|---|---|---|---|---|
| Home Value | $108,961 | $108,961 | N/A | $505,608 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 6.6% |
| Avg Rent | $891 | $891 | N/A | - |
| Cap Rate | 6.4% | 6.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13690 (Star Lake, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $108,961 |
| Monthly Rent | $891 |
| Price-to-Rent | 10.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.8% |
| Cap Rate | 6.4% |
| 5-Year IRR | 12.7% |
📈 Home Appreciation
| 1-Year | +19.3% ▲ |
| 3-Year CAGR | +7.6% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 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%) is close to the estimated cap rate (6.4%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 13690
Population: 651
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 13690
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 real estate strategy is ideal for Star Lake, NY?
Star Lake, NY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($109K prices, $891/mo rents) make it a reasonable choice.
How tight is the rental market in Star Lake, NY?
Star Lake, NY carries elevated vacancy risk. Expect consistent absorption at market rents of $891/mo.
How deep is the rental pool in Star Lake, NY?
Expect a solid tenant pool in Star Lake, NY. The rental market absorbs $891/mo rents without meaningful friction.
Is Star Lake, NY good for landlords?
Star Lake, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
Is Star Lake in NY worth investing in?
Investors tracking Star Lake, NY will find a 3.0/5 rating supported by $109K median home values and $891/mo rents. That profile suits long-term holders targeting even-keeled returns.
You know 13690 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 13690 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 13690 ranks in Ogdensburg-Massena, NY
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