Real Estate Investing in Wyoming, New York (14591)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14591 (Wyoming, 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.
- Elevated vacancy: 9.0% 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 Wyoming, NY (14591)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14591 Wyoming
ZIP 14591 in Wyoming, NY carries a substantial set of headwinds. Home values near $222K and rents of $882/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $222K asset, 14591 is the wrong submarket. If the plan prices in friction, the yield can still work.
Put differently, 14591 offers a low basis, the region around Wyoming has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 14591 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 14591 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Wyoming:
Property Strategy for 14591
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $171,017 | $980 | 4.1% | +6.3% | $85,508 |
| 3BR | $211,918 | $1,330 | 4.5% | +6.9% | $70,639 |
| 4BR | $235,355 | $1,580 | 4.8% | +7.2% | $58,839 |
Market Trends
Home Value History (with trend line)
📊 How Does 14591 Compare?
| Metric | 14591 | Wyoming | Batavia, NY | New York |
|---|---|---|---|---|
| Home Value | $222,450 | $222,450 | N/A | $505,608 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 6.6% |
| Avg Rent | $882 | $882 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 14591 (Wyoming, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $222,450 |
| Monthly Rent | $882 |
| Price-to-Rent | 21.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (3.1%). 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 14591
Population: 1,453
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 14591
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
Investor Insight: With 2,752 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are there empty rentals in Wyoming, NY?
Wyoming, NY carries elevated vacancy risk. Expect measured absorption at market rents of $882/mo.
Is Wyoming, NY good for house hacking?
Wyoming, NY offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $882/mo rent level.
Is Wyoming in NY worth investing in?
Wyoming, NY rates 3.0/5 for investability. With median values at $222K and rents near $882/mo, the market offers reasonable fundamentals for rental investors.
What is the median home value in Wyoming, NY?
Wyoming, NY median home values land near $222K. That is reasonable territory for investors looking at $882/mo-per-month rentals.
What investment strategy works best in Wyoming, NY?
A careful cash-flow rentals with hands-on management strategy Wyoming, NY best. The market produces reliable results for that approach at the $222K price point.
You know 14591 now. You don’t know where it ranks.
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How 14591 ranks in Batavia, NY
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