Real Estate Investing in Franklinville, New York (14737)

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

Cattaraugus County • Population: 4,071 • Data updated: September 2026

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Should you buy in 14737 (Franklinville, NY)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (77/100)

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: 32.7% 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 Franklinville, NY (14737)?

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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 $160,473
Avg Monthly Rent $900
1% Rule ✗ Does Not Meet
Median Income $55,461
% Renters 13.1%

Market Analysis: 14737 Franklinville

The 14737 ZIP in Franklinville, NY is a local-operator market. Outside capital chasing a $160K entry has to pair deep knowledge with the discount.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 14737 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Statewide comparisons place 14737 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Who lives in 14737 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Experienced landlords with local relationships tend to find 14737 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

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 Franklinville:

B Good
Buy Confidence Score: 73/100
Affordability
20/25
Appreciation
25/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.9× the median income
Value Trend
Rising (+4.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $900/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Olean, NY Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Olean, NY metro data
🏠

Property Strategy for 14737

Which property type performs best in this market?

Best for Cash Flow
4BR
5.9% cap rate
Best for Appreciation
2BR
+11.9% 5yr CAGR
Best Overall Value
4BR
$43,359/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $155,392 $1,000 4.6% +11.9% $77,696
3BR $163,227 $1,220 5.4% +10.7% $54,409
4BR $173,435 $1,410 5.9% +10.1% $43,359

Market Trends

Home Value History (with trend line)

$171K$149K$126K$104K$82K$60KJul 2006Jul 2016Jul 2026

📊 How Does 14737 Compare?

Metric 14737 Franklinville Olean, NY New York
Home Value $160,473 $160,473 N/A $505,608
5-Year CAGR 7.2% 7.2% N/A 6.6%
Avg Rent $900 $900 N/A -
Cap Rate 4.4% 4.4% - -
💡 Why Invest in 14737? 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 14737 (Franklinville, NY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.4%
Fair
5yr Growth
+7.2%
Strong

📉 Market Crash Risk Index

Based on Olean, NY metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
65%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $160,473
Monthly Rent $900
Price-to-Rent 14.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.7%
Cap Rate 4.4%
5-Year IRR 11.6%

📈 Home Appreciation

1-Year +4.2% ▲
3-Year CAGR +5.3% ▲
5-Year CAGR +7.2% ▲
10-Year CAGR +8.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). 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
32.7%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+7.2%
Growing
Eviction process: Slow Rent control: Unfavorable

Demographics in 14737

Population: 4,071

💰 Median Household Income
$55,461
This area
$55,461
State
$86,376
USA
$74,580
🏠 Renter Occupied
13.1%
This area
13.1%
State
26.4%
USA
34.0%
💼 Unemployment Rate
2.8%
This area
2.8%
State
-24.2%
USA
3.7%
🎓 College Educated
13.9%
This area
13.9%
State
4.2%
USA
33.7%
👤 Median Age
45.2 years
This area
45.2 years
State
7.4 years
USA
38.9 years
🏚️ Vacancy Rate
32.7%
This area
32.7%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 90.6%
Other/Mixed 9.0%
Hispanic/Latino 4.2%
Black/African American 0.4%
👶 Under 18
22.6%
This area
22.6%
USA
22.0%
👴 65 and Over
22.9%
This area
22.9%
USA
17.3%
📊 Poverty Rate
11.4%
This area
11.4%
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

🎓 Schools in 14737

A+ Avg School Grade
2 Schools
8.7:1 Avg Class Size
$30,842 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

FRANKLINVILLE JUNIOR-SENIOR HIGH SCHOOL

📚 06 – 12 High School
👥
306 Students
👨‍🏫
8.8:1 Class Size
💰
$30,842 Per Student
A+ Excellent

FRANKLINVILLE ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
274 Students
👨‍🏫
8.6:1 Class Size
💰
$30,842 Per Student
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 typical home price in Franklinville, NY?

Median home price in Franklinville, NY is near $160K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.

What monthly rent should investors expect in Franklinville, NY?

Rents in Franklinville, NY run near $900/mo. Compared with median home prices of $160K that produces solid gross yields for typical rentals.

What investment strategy works best in Franklinville, NY?

Investors usually favor careful cash-flow rentals with hands-on management in Franklinville, NY. With home values at $160K and rents near $900/mo, other strategies can work but produce measured rather than outsized returns.

How strict are landlord regulations in Franklinville, NY?

For rental operators, Franklinville, NY rates as tenant-protective. The regulatory environment standard buy-and-hold operations.

How strong is the working-renter base in Franklinville, NY?

Tenant quality in Franklinville, NY ranks as solid. Landlords generally report measured occupancy at market rents of $900/mo.

You know 14737 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 14737 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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How 14737 ranks in Olean, NY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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