Real Estate Investing in Silver Springs, New York (14550)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14550 (Silver Springs, 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: 12.0% 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 Silver Springs, NY (14550)?
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Market Analysis: 14550 Silver Springs
This part of Wyoming County is not an easy win. The 14550 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 14550 is healthy only for operators who understand what they are buying. A $177K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Silver Springs have seen price recovery that 14550 has not matched. Wyoming County data supports the view that the spread is structural rather than temporary.
Employment concentration in 14550 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. durable returns are possible in 14550, 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 Silver Springs:
Property Strategy for 14550
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $160,616 | $970 | 4.3% | +7.9% | $80,308 |
| 3BR | $167,324 | $1,340 | 5.8% | +5.6% | $55,775 |
| 4BR | $174,879 | $1,600 | 6.6% | +7.3% | $43,720 |
Market Trends
Home Value History (with trend line)
📊 How Does 14550 Compare?
| Metric | 14550 | Silver Springs | New York |
|---|---|---|---|
| Home Value | $176,684 | $176,684 | $505,608 |
| 5-Year CAGR | 4.5% | 4.5% | 6.6% |
| Avg Rent | $873 | $873 | - |
| 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 14550 (Silver Springs, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $176,684 |
| Monthly Rent | $873 |
| Price-to-Rent | 16.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.9% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +6.6% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 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 (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 14550
Population: 1,273
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 expensive is real estate in Silver Springs, NY?
In Silver Springs, NY the median home value sits at $177K. Against the broader NY market, that reads as reasonable for most investors.
Are eviction rules reasonable in Silver Springs, NY?
Rental owners in Silver Springs, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
How should investors approach Silver Springs, NY?
Investors usually favor careful cash-flow rentals with hands-on management in Silver Springs, NY. With home values at $177K and rents near $873/mo, other strategies can work but produce steady rather than outsized returns.
Is house hacking profitable in Silver Springs, NY?
The a challenging house-hack environment in Silver Springs, NY reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Are tenants stable in Silver Springs, NY?
The tenant pool in Silver Springs, NY is solid, supported by local employment and population fundamentals. Rents of $873/mo are well-absorbed by the market.
You know 14550 now. You don’t know where it ranks.
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