Real Estate Investing in Collins, New York (14034)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14034 (Collins, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.5% vacancy may signal weakening demand.
- 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 Collins, NY (14034)?
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Market Analysis: 14034 Collins
Investors eyeing 14034 need to respect the fundamentals at play. Home values of $229K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $229K asset, 14034 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 14034's metrics run below Erie County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 14034 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 14034 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Collins:
Property Strategy for 14034
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $189,549 | $1,280 | 4.9% | +6.9% | $94,775 |
| 3BR | $211,138 | $1,560 | 5.3% | +6.9% | $70,379 |
| 4BR | $230,009 | $1,780 | 5.6% | +6.8% | $57,502 |
Market Trends
Home Value History (with trend line)
📊 How Does 14034 Compare?
| Metric | 14034 | Collins | Buffalo-Cheektowaga, NY | New York |
|---|---|---|---|---|
| Home Value | $229,004 | $229,004 | N/A | $505,608 |
| 5-Year CAGR | 6.1% | 6.1% | N/A | 6.6% |
| Avg Rent | $1,152 | $1,152 | 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 14034 (Collins, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $229,004 |
| Monthly Rent | $1,152 |
| Price-to-Rent | 16.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +10.7% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 14034
Population: 2,175
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
What are rental rates like in Collins, NY?
Rents in Collins, NY run near $1,152/mo. Compared with median home prices of $229K that produces solid gross yields for typical rentals.
Is vacancy a concern in Collins, NY?
Collins, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How does Collins, NY rate as a rental market?
Investors tracking Collins, NY will find a 3.0/5 rating supported by $229K median home values and $1,152/mo rents. That profile suits long-term holders targeting even-keeled returns.
Are homes affordable in Collins, NY?
Expect median prices around $229K in Collins, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
Can I house hack in Collins, NY?
House hacking in Collins, NY is a challenging. With home values around $229K and rents at $1,152/mo, owner-occupants can offset a meaningful share of PITI.
You know 14034 now. You don’t know where it ranks.
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How 14034 ranks in Buffalo-Cheektowaga, NY
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