Real Estate Investing in Chaffee, New York (14030)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14030 (Chaffee, NY)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- 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 Chaffee, NY (14030)?
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Market Analysis: 14030 Chaffee
This part of Erie County is not an easy win. The 14030 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 14030 is solid only for operators who understand what they are buying. A $257K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader NY picture, 14030 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A robust renter share of 17% in 14030 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 14030 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 Chaffee:
Property Strategy for 14030
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $257,431 | $1,280 | 3.6% | +7.0% | $85,810 |
| 4BR | $253,576 | $1,460 | 4.1% | +6.5% | $63,394 |
Market Trends
Home Value History (with trend line)
📊 How Does 14030 Compare?
| Metric | 14030 | Chaffee | Buffalo-Cheektowaga, NY | New York |
|---|---|---|---|---|
| Home Value | $257,185 | $262,721 | N/A | $505,608 |
| 5-Year CAGR | 4.8% | 5.4% | N/A | 6.6% |
| Avg Rent | $936 | $941 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14030 (Chaffee, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $257,185 |
| Monthly Rent | $936 |
| Price-to-Rent | 22.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.8% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +6.6% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (2.8%). 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 14030
Population: 2,051
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 does Chaffee, NY rate as a rental market?
Chaffee, NY rates 3.0/5 for investability. With median values at $257K and rents near $936/mo, the market offers reasonable fundamentals for rental investors.
Is Chaffee, NY good for landlords?
Chaffee, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
How high is vacancy risk in Chaffee, NY?
Chaffee, NY carries elevated vacancy risk. Expect stable absorption at market rents of $936/mo.
What investment strategy works best in Chaffee, NY?
In Chaffee, NY the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $257K prices and $936/mo rents suits that approach.
How strong are rents in Chaffee, NY?
Investors in Chaffee, NY typically see rents near $936/mo per month against $257K home values - a solid setup for rental cash flow.
You know 14030 now. You don’t know where it ranks.
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How 14030 ranks in Buffalo-Cheektowaga, NY
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