Real Estate Investing in Nineveh, New York (13813)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13813 (Nineveh, 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: 23.4% 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 Nineveh, NY (13813)?
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Market Analysis: 13813 Nineveh
Not every below-median market is a bargain. Nineveh's 13813 ZIP sits at signals that favor experienced operators who can absorb the risk $194K pricing implies.
For an experienced owner, 13813 can be a a viable market for hunting ground — but the discount at $194K reflects genuine risk that outside investors often underestimate.
Within NY, ZIP 13813 trails on several market indicators that neighboring Broome County submarkets outperform. The gap is real and notable enough to shape underwriting.
The 13813 ZIP's population of 1,148 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
The 13813 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Nineveh:
Market Trends
Home Value History (with trend line)
📊 How Does 13813 Compare?
| Metric | 13813 | Nineveh | Binghamton, NY | New York |
|---|---|---|---|---|
| Home Value | $193,653 | $193,653 | N/A | $505,608 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 6.6% |
| Avg Rent | $963 | $963 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13813 (Nineveh, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $193,653 |
| Monthly Rent | $963 |
| Price-to-Rent | 16.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 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 (3.9%). 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 13813
Population: 1,148
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
How qualified is the tenant pool in Nineveh, NY?
The tenant pool in Nineveh, NY is solid, supported by local employment and population fundamentals. Rents of $963/mo are well-absorbed by the market.
Should investors consider Nineveh, NY?
With a 3.0/5 investability score, Nineveh, NY ranks as a solid market for rental property investors. Median prices of $194K and rents of $963/mo drive the underlying numbers.
Is housing expensive in Nineveh, NY?
Nineveh, NY median home values land near $194K. That is reasonable territory for investors looking at $963/mo-per-month rentals.
How strict are landlord regulations in Nineveh, NY?
Rental owners in Nineveh, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
Is house hacking profitable in Nineveh, NY?
House hacking works a challenging in Nineveh, NY. Rents of $963/mo against $194K acquisition make the strategy solid for owner-occupants.
You know 13813 now. You don’t know where it ranks.
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How 13813 ranks in Binghamton, NY
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