Real Estate Investing in Candor, New York (13743)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13743 (Candor, 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: 14.7% 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 Candor, NY (13743)?
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Market Analysis: 13743 Candor
The 13743 ZIP in Candor, NY is a local-operator market. Outside capital chasing a $204K entry has to pair deep knowledge with the discount.
For an experienced owner, 13743 can be a worth a close look for hunting ground — but the discount at $204K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 13743 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A durable renter share of 27% in 13743 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. robust returns are possible in 13743, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Candor:
Property Strategy for 13743
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $156,788 | $1,070 | 4.9% | +7.4% | $78,394 |
| 3BR | $184,490 | $1,380 | 5.4% | +6.1% | $61,497 |
| 4BR | $211,098 | $1,580 | 5.4% | +7.2% | $52,775 |
Market Trends
Home Value History (with trend line)
📊 How Does 13743 Compare?
| Metric | 13743 | Candor | Binghamton, NY | New York |
|---|---|---|---|---|
| Home Value | $203,502 | $203,502 | N/A | $505,608 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 6.6% |
| Avg Rent | $963 | $963 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13743 (Candor, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $203,502 |
| Monthly Rent | $963 |
| Price-to-Rent | 17.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +11.6% ▲ |
| 3-Year CAGR | +7.7% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 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 (3.7%). 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 13743
Population: 2,893
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 13743
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
How tight is the rental market in Candor, NY?
Rental vacancy in Candor, NY is elevated. Investors should budget normal turnover but not chronic empty units.
How strong is Candor, NY for real estate investors?
With a 3.0/5 investability score, Candor, NY ranks as a solid market for rental property investors. Median prices of $204K and rents of $963/mo drive the underlying numbers.
What is the tenant pool like in Candor, NY?
The renter base in Candor, NY is reasonable for the $963/mo price point. Screening well and pricing to market typically yields measured tenants.
How landlord-friendly is Candor, NY?
Candor, NY operates under NY law, which is tenant-protective overall for landlords. Expect consistent treatment in typical lease and eviction cases.
What strategy should investors use in Candor, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Candor, NY. The numbers - $204K homes against $963/mo rents - support that play.
You know 13743 now. You don’t know where it ranks.
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How 13743 ranks in Binghamton, NY
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