Real Estate Investing in Machias, New York (14101)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14101 (Machias, 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: 28.9% 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 Machias, NY (14101)?
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Market Analysis: 14101 Machias
This part of Cattaraugus County is not an easy win. The 14101 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 14101 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Looking more closely, 14101 offers a low basis, the region around Machias has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 14101 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. solid returns are possible in 14101, 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 Machias:
Property Strategy for 14101
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $219,594 | $1,170 | 3.8% | +10.9% | $109,797 |
| 3BR | $210,073 | $1,430 | 4.9% | +9.1% | $70,024 |
| 4BR | $193,482 | $1,650 | 6.1% | +7.4% | $48,370 |
Market Trends
Home Value History (with trend line)
📊 How Does 14101 Compare?
| Metric | 14101 | Machias | Olean, NY | New York |
|---|---|---|---|---|
| Home Value | $211,244 | $211,244 | N/A | $505,608 |
| 5-Year CAGR | 7.4% | 7.4% | N/A | 6.6% |
| Avg Rent | $1,053 | $1,053 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
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 14101 (Machias, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $211,244 |
| Monthly Rent | $1,053 |
| Price-to-Rent | 16.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 11.3% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +7.4% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 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 14101
Population: 1,984
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
Is Machias, NY better for rentals, flips, or BRRRR?
The best-fit strategy in Machias, NY is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How much rent can I charge in Machias, NY?
Rental rates in Machias, NY average $1,053/mo. Tenant demand and $211K home values make the yield look reasonable by investor standards.
What kind of tenants rent in Machias, NY?
Tenant demand in Machias, NY is solid. The local workforce $1,053/mo rents across most rental classes.
How landlord-friendly is Machias, NY?
NY law tenant-protective for landlords, and Machias inherits those rules. Investors should still review local ordinances for rental licensing.
What kind of vacancy should I budget for in Machias, NY?
Expect elevated vacancy in Machias, NY. Rents at $1,053/mo are absorbed by the tenant base without meaningful lag.
You know 14101 now. You don’t know where it ranks.
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How 14101 ranks in Olean, NY
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