Real Estate Investing in Penn Yan, New York (14527)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14527 (Penn Yan, NY)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 24.7% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 30.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Penn Yan, NY (14527)?
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Market Analysis: 14527 Penn Yan
The 14527 ZIP in Penn Yan, NY is a local-operator market. Outside capital chasing a $343K entry has to pair deep knowledge with the discount.
For an experienced owner, 14527 can be a a viable market for hunting ground — but the discount at $343K reflects genuine risk that outside investors often underestimate.
In practical terms, 14527 offers a low basis, the region around Penn Yan has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 14527 includes headwinds that any investor should price in. Income distribution skews lower than Penn Yan averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 14527 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 Penn Yan:
Property Strategy for 14527
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $294,032 | $780 | 1.9% | +8.2% | $294,032 |
| 2BR | $285,939 | $1,030 | 2.6% | +8.1% | $142,969 |
| 3BR | $302,388 | $1,250 | 3.0% | +7.3% | $100,796 |
| 4BR | $425,145 | $1,730 | 2.9% | +7.5% | $106,286 |
| 5BR | $763,906 | — | — | +7.7% | $152,781 |
Market Trends
Home Value History (with trend line)
📊 How Does 14527 Compare?
| Metric | 14527 | Penn Yan | Rochester, NY | New York |
|---|---|---|---|---|
| Home Value | $343,310 | $343,310 | N/A | $505,608 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 6.6% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14527 (Penn Yan, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $343,310 |
| Monthly Rent | $927 |
| Price-to-Rent | 30.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (2.1%). 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 14527
Population: 12,444
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 14527
Schools in This ZIP Code
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
Frequently Asked Questions
What is the investability score for Penn Yan, NY?
The 3.0/5 investability rating in Penn Yan, NY reflects its $343K prices and $927/mo rents. Investors generally consider it a solid option within NY.
Is Penn Yan, NY suited for a house hack?
House hacking in Penn Yan, NY is reasonable to execute. Prices around $343K and rents of $927/mo solid owner-occupant economics.
Should investors worry about vacancy in Penn Yan, NY?
Vacancy risk in Penn Yan, NY is elevated. That supports measured cash flow for typical rental holds.
How much does a house cost in Penn Yan, NY?
Median home price in Penn Yan, NY is near $343K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
What real estate strategy is ideal for Penn Yan, NY?
The best-fit strategy in Penn Yan, NY is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
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