Real Estate Investing in Tonawanda, New York (14150)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14150 (Tonawanda, 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.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Tonawanda, NY (14150)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14150 Tonawanda
ZIP 14150 inside Erie County looks affordable on the surface — median value of $263K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $263K asset, 14150 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 14150 sits on the difficult end of the NY spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
A solid renter share of 29% in 14150 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 14150 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Tonawanda:
Property Strategy for 14150
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $210,248 | $1,420 | 4.9% | +9.1% | $105,124 |
| 3BR | $247,114 | $1,730 | 5.0% | +8.6% | $82,371 |
| 4BR | $276,518 | $1,980 | 5.2% | +8.5% | $69,129 |
| 5BR | $295,997 | — | — | +8.6% | $59,199 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 14150 Compare?
| Metric | 14150 | Tonawanda | Buffalo-Cheektowaga, NY | New York |
|---|---|---|---|---|
| Home Value | $263,226 | $263,226 | N/A | $505,608 |
| 5-Year CAGR | 6.7% | 6.7% | N/A | 6.6% |
| Avg Rent | $1,270 | $1,270 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
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 14150 (Tonawanda, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $263,226 |
| Monthly Rent | $1,270 |
| Price-to-Rent | 17.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 Rent Trends
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). 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 14150
Population: 41,585
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
🎓 Schools in 14150
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BEN FRANKLIN ELEMENTARY SCHOOL
BEN FRANKLIN MIDDLE SCHOOL
HERBERT HOOVER ELEMENTARY SCHOOL
HERBERT HOOVER MIDDLE SCHOOL
CHARLES A LINDBERGH ELEMENTARY SCHOOL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,551 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are home prices like in Tonawanda, NY?
The median home value in Tonawanda, NY is roughly $263K. That puts it reasonable relative to the NY statewide average.
How much rent can I charge in Tonawanda, NY?
Rents in Tonawanda, NY run near $1,270/mo. Compared with median home prices of $263K that produces solid gross yields for typical rentals.
How viable is house hacking in Tonawanda, NY?
The house hack math a challenging in Tonawanda, NY. Owner-occupant buyers benefit from the $1,270/mo rents and $263K home values.
Is Tonawanda, NY a friendly market for rental owners?
Tonawanda, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
How strong is tenant demand in Tonawanda, NY?
Working renters make up the core of the Tonawanda, NY tenant base. The pool is reasonable for investors targeting long-term holds.
You know 14150 now. You don’t know where it ranks.
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How 14150 ranks in Buffalo-Cheektowaga, NY
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