Real Estate Investing in Angelica, New York (14709)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Allegany County • Population: 1,190 • Data updated: September 2026

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Should you buy in 14709 (Angelica, NY)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 41.9% 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 Angelica, NY (14709)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $143,570
Avg Monthly Rent $963
1% Rule ✗ Does Not Meet
Median Income $51,528
% Renters 16.1%

Market Analysis: 14709 Angelica

Not every below-median market is a bargain. Angelica's 14709 ZIP shows signals that favor experienced operators who can absorb the risk $144K pricing implies.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 14709 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Statewide comparisons place 14709 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

A durable renter share of 16% in 14709 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Strategy in 14709 is an operator game, not a passive one. Turning to rents, entry prices of $144K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Angelica:

B Good
Buy Confidence Score: 72/100
Affordability
20/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.8× the median income
Value Trend
Rising (+11.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $963/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 14709

Which property type performs best in this market?

Best for Cash Flow
4BR
7.4% cap rate
Best for Appreciation
3BR
+8.0% 5yr CAGR
Best Overall Value
4BR
$39,327/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $119,034 $1,070 6.5% +7.5% $59,517
3BR $142,740 $1,370 6.9% +8.0% $47,580
4BR $157,309 $1,610 7.4% +6.5% $39,327

Market Trends

Home Value History (with trend line)

$150K$132K$115K$98K$80K$63KJul 2006Jul 2016Jul 2026

📊 How Does 14709 Compare?

Metric 14709 Angelica New York
Home Value $143,570 $143,570 $505,608
5-Year CAGR 6.5% 6.5% 6.6%
Avg Rent $963 $963 -
Cap Rate 5.2% 5.2% -
💡 Why Invest in 14709? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 14709 (Angelica, NY). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 14709 (Angelica, NY)?

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Investability
Good
Cap Rate
5.2%
Fair
5yr Growth
+6.5%
Strong

📊 Market Snapshot

Home Value $143,570
Monthly Rent $963
Price-to-Rent 12.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.1%
Cap Rate 5.2%
5-Year IRR 11.8%

📈 Home Appreciation

1-Year +11.0% ▲
3-Year CAGR +9.0% ▲
5-Year CAGR +6.5% ▲
10-Year CAGR +6.5% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.2%). 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.

Vacancy
41.9%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+6.5%
Growing
Eviction process: Slow Rent control: Unfavorable

Demographics in 14709

Population: 1,190

💰 Median Household Income
$51,528
This area
$51,528
State
$86,376
USA
$74,580
🏠 Renter Occupied
16.1%
This area
16.1%
State
26.4%
USA
34.0%
💼 Unemployment Rate
2.4%
This area
2.4%
State
-24.2%
USA
3.7%
🎓 College Educated
21.2%
This area
21.2%
State
4.2%
USA
33.7%
👤 Median Age
44.3 years
This area
44.3 years
State
7.4 years
USA
38.9 years
🏚️ Vacancy Rate
41.9%
This area
41.9%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 95.6%
Other/Mixed 2.0%
Hispanic/Latino 1.9%
Asian 1.6%
Black/African American 0.8%
👶 Under 18
19.6%
This area
19.6%
USA
22.0%
👴 65 and Over
22.3%
This area
22.3%
USA
17.3%
📊 Poverty Rate
11.5%
This area
11.5%
USA
11.5%

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

🎓 Nearby Colleges & Universities

3 Nearby 146 Off-Campus Students
C+
Houghton University
1,014 students · 10.2 mi
C+
SUNY College of Technology at Alfred
3,749 students · 11.7 mi
C+
Alfred University
1,843 students · 12.0 mi

Frequently Asked Questions

Should investors consider Angelica, NY?

With a 3.0/5 investability score, Angelica, NY ranks as a solid market for rental property investors. Median prices of $144K and rents of $963/mo drive the underlying numbers.

What is the typical rental rate in Angelica, NY?

Investors in Angelica, NY typically see rents near $963/mo per month against $144K home values - a solid setup for rental cash flow.

What type of investing works in Angelica, NY?

A careful cash-flow rentals with hands-on management strategy Angelica, NY best. The market produces even-keeled results for that approach at the $144K price point.

Are eviction rules reasonable in Angelica, NY?

Angelica, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.

Are homes affordable in Angelica, NY?

Angelica, NY home values average about $144K. That price point suits investors targeting rentals with $963/mo in monthly income.

You know 14709 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 14709 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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