Real Estate Investing in Waddington, New York (13694)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13694 (Waddington, 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: 15.5% 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 Waddington, NY (13694)?
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Market Analysis: 13694 Waddington
ZIP 13694 in Waddington, NY carries a resilient set of headwinds. Home values near $191K and rents of $1,287/mo sit inside a market where underwriting has to be tight.
Put differently, the numbers look inviting — $191K purchase price, 0.0% nominal cap — the work to hit that pro forma in 13694 is substantial and deserves full respect.
The gap between 13694 and stronger Waddington ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 13694 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 13694 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Waddington:
Property Strategy for 13694
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $144,098 | $1,430 | 7.1% | +8.7% | $72,049 |
| 3BR | $199,027 | $1,710 | 6.2% | +8.6% | $66,342 |
| 4BR | $219,249 | $1,890 | 6.2% | +8.7% | $54,812 |
Market Trends
Home Value History (with trend line)
📊 How Does 13694 Compare?
| Metric | 13694 | Waddington | Ogdensburg-Massena, NY | New York |
|---|---|---|---|---|
| Home Value | $191,137 | $191,137 | N/A | $505,608 |
| 5-Year CAGR | 7.1% | 7.1% | N/A | 6.6% |
| Avg Rent | $1,287 | $1,287 | 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 13694 (Waddington, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $191,137 |
| Monthly Rent | $1,287 |
| Price-to-Rent | 12.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.1% |
| Cap Rate | 5.3% |
| 5-Year IRR | 12.4% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 13694
Population: 1,232
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
Frequently Asked Questions
Is Waddington, NY a good market for buy-and-hold investors?
Waddington, NY scores 3.0/5 for investability. Home values sit at $191K and rents near $1,287/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Do rentals sit vacant long in Waddington, NY?
Waddington, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Where do rents currently stand in Waddington, NY?
Expect rents around $1,287/mo per month in Waddington, NY. With home values at $191K, the yield math works out to reasonable levels for rental investors.
How landlord-friendly is Waddington, NY?
NY ranks as a tenant-protective state for landlord-tenant law. Waddington generally follows the statewide framework, so landlords face reasonable operating rules.
What is the smart move for investors in Waddington, NY?
A careful cash-flow rentals with hands-on management strategy Waddington, NY best. The market produces predictable results for that approach at the $191K price point.
You know 13694 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 13694 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 13694 ranks in Ogdensburg-Massena, NY
Every ZIP in this metro, ranked. Free.
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