Real Estate Investing in Belfast, New York (14711)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14711 (Belfast, 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.
- High vacancy: 31.3% 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 Belfast, NY (14711)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14711 Belfast
Not every below-median market is a bargain. Belfast's 14711 ZIP sits at signals that favor experienced operators who can absorb the risk $139K pricing implies.
The 14711 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 14711 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A significant renter share of 16% in 14711 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 14711 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Belfast:
Property Strategy for 14711
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $130,943 | $970 | 5.3% | +9.1% | $65,471 |
| 3BR | $133,331 | $1,240 | 6.7% | +7.7% | $44,444 |
| 4BR | $133,046 | $1,460 | 7.9% | +10.4% | $33,261 |
Market Trends
Home Value History (with trend line)
📊 How Does 14711 Compare?
| Metric | 14711 | Belfast | New York |
|---|---|---|---|
| Home Value | $139,366 | $139,366 | $505,608 |
| 5-Year CAGR | 6.4% | 6.4% | 6.6% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 4.9% | 4.9% | - |
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 14711 (Belfast, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $139,366 |
| Monthly Rent | $873 |
| Price-to-Rent | 13.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.9% |
| 5-Year IRR | 11.3% |
📈 Home Appreciation
| 1-Year | +11.2% ▲ |
| 3-Year CAGR | +7.9% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (4.9%). 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 14711
Population: 1,861
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 14711
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 median home value in Belfast, NY?
Homes in Belfast, NY typically sell near $139K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
Can I house hack in Belfast, NY?
House hacking works a challenging in Belfast, NY. Rents of $873/mo against $139K acquisition make the strategy solid for owner-occupants.
How strong is the working-renter base in Belfast, NY?
The tenant pool in Belfast, NY is solid, supported by local employment and population fundamentals. Rents of $873/mo are well-absorbed by the market.
Is NY a landlord-friendly state?
Rental owners in Belfast, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
What do landlords charge for rent in Belfast, NY?
Belfast, NY rentals go for roughly $873/mo a month. That puts gross yield in solid territory relative to $139K acquisition costs.
You know 14711 now. You don’t know where it ranks.
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Community Ratings
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