Real Estate Investing in Cattaraugus, New York (14719)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14719 (Cattaraugus, 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: 24.4% 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 Cattaraugus, NY (14719)?
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Market Analysis: 14719 Cattaraugus
The 14719 ZIP covers a section of Cattaraugus that demands careful diligence. Prices near $171K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 14719 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 14719 and stronger Cattaraugus ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 14719 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Cattaraugus's stable or hybrid ZIPs before stepping into 14719. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Cattaraugus:
Property Strategy for 14719
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $157,773 | $970 | 4.4% | +10.5% | $78,887 |
| 3BR | $156,743 | $1,190 | 5.5% | +9.2% | $52,248 |
| 4BR | $182,284 | $1,370 | 5.4% | +10.0% | $45,571 |
Market Trends
Home Value History (with trend line)
📊 How Does 14719 Compare?
| Metric | 14719 | Cattaraugus | Olean, NY | New York |
|---|---|---|---|---|
| Home Value | $170,889 | $170,889 | N/A | $505,608 |
| 5-Year CAGR | 7.8% | 7.8% | N/A | 6.6% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14719 (Cattaraugus, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $170,889 |
| Monthly Rent | $873 |
| Price-to-Rent | 16.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 11.7% |
📈 Home Appreciation
| 1-Year | +10.4% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +7.8% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 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 (4.0%). 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 14719
Population: 3,334
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 14719
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.
Frequently Asked Questions
What is the median home value in Cattaraugus, NY?
Cattaraugus, NY median home values land near $171K. That is reasonable territory for investors looking at $873/mo-per-month rentals.
How qualified is the tenant pool in Cattaraugus, NY?
Working renters make up the core of the Cattaraugus, NY tenant base. The pool is reasonable for investors targeting long-term holds.
Is rental property easy to operate in Cattaraugus, NY?
NY law tenant-protective for landlords, and Cattaraugus inherits those rules. Investors should still review local ordinances for rental licensing.
What kind of vacancy should I budget for in Cattaraugus, NY?
Expect elevated vacancy in Cattaraugus, NY. Rents at $873/mo are absorbed by the tenant base without meaningful lag.
Is Cattaraugus, NY good for house hacking?
Cattaraugus, NY offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $873/mo rent level.
You know 14719 now. You don’t know where it ranks.
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How 14719 ranks in Olean, NY
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