Real Estate Investing in Port Crane, New York (13833)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13833 (Port Crane, 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: 14.1% 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 Port Crane, NY (13833)?
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Market Analysis: 13833 Port Crane
The 13833 ZIP in Port Crane, NY is a local-operator market. Outside capital chasing a $209K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 13833 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader NY picture, 13833 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Put differently, 4,176 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. notable returns are possible in 13833, 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 Port Crane:
Property Strategy for 13833
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $144,281 | $1,310 | 6.5% | +9.2% | $72,141 |
| 3BR | $199,545 | $1,690 | 6.1% | +7.9% | $66,515 |
| 4BR | $235,413 | $1,930 | 5.9% | +7.8% | $58,853 |
Market Trends
Home Value History (with trend line)
📊 How Does 13833 Compare?
| Metric | 13833 | Port Crane | Binghamton, NY | New York |
|---|---|---|---|---|
| Home Value | $208,734 | $208,734 | N/A | $505,608 |
| 5-Year CAGR | 6.8% | 6.8% | N/A | 6.6% |
| Avg Rent | $1,179 | $1,179 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13833 (Port Crane, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $208,734 |
| Monthly Rent | $1,179 |
| Price-to-Rent | 14.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 11.2% |
📈 Home Appreciation
| 1-Year | +7.7% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (4.4%). 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 13833
Population: 4,176
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
🎓 Nearby Colleges & Universities
Investor Insight: With 1,333 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are rental rates like in Port Crane, NY?
Investors in Port Crane, NY typically see rents near $1,179/mo per month against $209K home values - a solid setup for rental cash flow.
What is the median home value in Port Crane, NY?
In Port Crane, NY the median home value sits at $209K. Against the broader NY market, that reads as reasonable for most investors.
What real estate strategy is ideal for Port Crane, NY?
In Port Crane, NY the solid play is typically careful cash-flow rentals with hands-on management. The combination of $209K prices and $1,179/mo rents suits that approach.
Are landlord laws favorable in Port Crane, NY?
The landlord environment in Port Crane, NY is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
How quickly do rentals get leased in Port Crane, NY?
Expect elevated vacancy in Port Crane, NY. Rents at $1,179/mo are absorbed by the tenant base without meaningful lag.
You know 13833 now. You don’t know where it ranks.
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How 13833 ranks in Binghamton, NY
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