Real Estate Investing in Fillmore, New York (14735)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14735 (Fillmore, 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: 29.7% 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 Fillmore, NY (14735)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14735 Fillmore
On balance, ZIP 14735 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $150K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 14735 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Fillmore have seen price recovery that 14735 has not matched. Allegany County data supports the view that the spread is structural rather than temporary.
The 14735 ZIP's population of 2,609 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
Strategy in 14735 is an operator game, not a passive one. From an investor standpoint, entry prices of $150K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Fillmore:
Property Strategy for 14735
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $137,146 | $1,000 | 5.2% | +8.2% | $68,573 |
| 3BR | $139,760 | $1,280 | 6.6% | +7.3% | $46,587 |
| 4BR | $168,050 | $1,500 | 6.4% | +7.8% | $42,013 |
Market Trends
Home Value History (with trend line)
📊 How Does 14735 Compare?
| Metric | 14735 | Fillmore | New York |
|---|---|---|---|
| Home Value | $150,214 | $150,214 | $505,608 |
| 5-Year CAGR | 5.5% | 5.5% | 6.6% |
| Avg Rent | $900 | $900 | - |
| Cap Rate | 4.7% | 4.7% | - |
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 14735 (Fillmore, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $150,214 |
| Monthly Rent | $900 |
| Price-to-Rent | 13.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (4.7%). 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 14735
Population: 2,609
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 14735
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 rental occupancy rate in Fillmore, NY?
Expect elevated vacancy in Fillmore, NY. Rents at $900/mo are absorbed by the tenant base without meaningful lag.
What is the renter demographic in Fillmore, NY?
Tenant demand in Fillmore, NY is solid. The local workforce $900/mo rents across most rental classes.
Where do home prices stand in Fillmore, NY?
Typical homes in Fillmore, NY go for around $150K. The 5-year CAGR of 0.0% predictable price movement.
Can owner-occupants cash flow in Fillmore, NY?
The house hack math a challenging in Fillmore, NY. Owner-occupant buyers benefit from the $900/mo rents and $150K home values.
Is rental property easy to operate in Fillmore, NY?
NY law tenant-protective for landlords, and Fillmore inherits those rules. Investors should still review local ordinances for rental licensing.
You know 14735 now. You don’t know where it ranks.
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Community Ratings
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