Real Estate Investing in Richford, New York (13835)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13835 (Richford, 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: 13.8% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Higher unemployment: 7.2% unemployment — tenant risk signal.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Richford, NY (13835)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 13835 Richford
ZIP 13835 in Richford, NY carries a healthy set of headwinds. Home values near $194K and rents of $1,053/mo sit inside a market where underwriting has to be tight.
The 13835 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 13835 sits on the difficult end of the NY spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 13835 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 13835 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 Richford:
Market Trends
Home Value History (with trend line)
📊 How Does 13835 Compare?
| Metric | 13835 | Richford | Binghamton, NY | New York |
|---|---|---|---|---|
| Home Value | $193,574 | $193,574 | N/A | $505,608 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 6.6% |
| Avg Rent | $1,053 | $1,053 | N/A | - |
| Cap Rate | 4.2% | 4.2% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13835 (Richford, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 13835 (Richford, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $193,574 |
| Monthly Rent | $1,053 |
| Price-to-Rent | 15.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +16.8% ▲ |
| 3-Year CAGR | +8.3% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (4.2%). 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 13835
Population: 1,182
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 1,184 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Do rentals sit vacant long in Richford, NY?
Occupancy in Richford, NY runs consistent with elevated vacancy. Well-priced units at $1,053/mo lease on reasonable timelines.
Are landlord laws favorable in Richford, NY?
For rental operators, Richford, NY rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
Is Richford in NY worth investing in?
Richford, NY rates 3.0/5 for investability. With median values at $194K and rents near $1,053/mo, the market offers reasonable fundamentals for rental investors.
How strong is the working-renter base in Richford, NY?
Tenant quality in Richford, NY ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,053/mo.
How strong are rents in Richford, NY?
Expect rents around $1,053/mo per month in Richford, NY. With home values at $194K, the yield math works out to reasonable levels for rental investors.
You know 13835 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 13835 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 13835 ranks in Binghamton, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 13835 (Richford)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 13835 (Richford, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.