Real Estate Investing in Oneonta, New York (13820)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13820 (Oneonta, 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: 18.3% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Oneonta, NY (13820)?
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Market Analysis: 13820 Oneonta
The 13820 ZIP covers a section of Oneonta that demands careful diligence. Prices near $228K look accessible, but the work to make a deal cash flow is real.
Rent of $1,540/mo on a $228K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 13820 sits below the stated 0.0% once reality is priced in.
The gap between 13820 and stronger Oneonta ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 13820 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.
Experienced landlords with local relationships tend to find 13820 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Oneonta:
Property Strategy for 13820
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $141,184 | $1,000 | 5.1% | +6.6% | $141,184 |
| 2BR | $176,427 | $1,260 | 5.1% | +6.5% | $88,213 |
| 3BR | $205,148 | $1,530 | 5.4% | +6.9% | $68,383 |
| 4BR | $241,910 | $1,680 | 5.0% | +6.6% | $60,477 |
| 5BR | $274,740 | — | — | +6.7% | $54,948 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 13820 Compare?
| Metric | 13820 | Oneonta | Oneonta, NY | New York |
|---|---|---|---|---|
| Home Value | $227,559 | $227,559 | N/A | $505,608 |
| 5-Year CAGR | 6.6% | 6.6% | N/A | 6.6% |
| Avg Rent | $1,540 | $1,540 | 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 13820 (Oneonta, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $227,559 |
| Monthly Rent | $1,540 |
| Price-to-Rent | 12.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.1% |
| Cap Rate | 5.3% |
| 5-Year IRR | 11.9% |
📈 Home Appreciation
| 1-Year | +8.2% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | -2.4% ▼ |
| 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 13820
Population: 22,954
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 13820
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is housing expensive in Oneonta, NY?
Oneonta, NY home values average about $228K. That price point suits investors targeting rentals with $1,540/mo in monthly income.
Does Oneonta, NY favor landlords or tenants?
Rental owners in Oneonta, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
How deep is the rental pool in Oneonta, NY?
Expect a solid tenant pool in Oneonta, NY. The rental market absorbs $1,540/mo rents without meaningful friction.
What is the rental occupancy rate in Oneonta, NY?
Oneonta, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Does a duplex house hack pencil in Oneonta, NY?
The a challenging house-hack environment in Oneonta, NY reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
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