Real Estate Investing in Panama, New York (14767)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14767 (Panama, 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.
- 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 Panama, NY (14767)?
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Market Analysis: 14767 Panama
ZIP 14767 in Panama, NY carries a impressive set of headwinds. Home values near $191K and rents of $873/mo sit inside a market where underwriting has to be tight.
The investment case in 14767 is healthy only for operators who understand what they are buying. A $191K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 14767 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Looking more closely, 2,156 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 14767 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Panama:
Property Strategy for 14767
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $163,972 | $970 | 4.3% | +7.8% | $81,986 |
| 3BR | $189,876 | $1,280 | 4.9% | +9.4% | $63,292 |
| 4BR | $214,047 | $1,290 | 4.3% | +10.8% | $53,512 |
Market Trends
Home Value History (with trend line)
📊 How Does 14767 Compare?
| Metric | 14767 | Panama | Jamestown-Dunkirk-Fredonia, NY | New York |
|---|---|---|---|---|
| Home Value | $190,813 | $190,813 | N/A | $505,608 |
| 5-Year CAGR | 7.1% | 7.1% | N/A | 6.6% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14767 (Panama, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $190,813 |
| Monthly Rent | $873 |
| Price-to-Rent | 18.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (3.6%). 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 14767
Population: 2,156
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 14767
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
Is the tenant base reliable in Panama, NY?
Panama, NY offers a consistent renter base at the $873/mo rent level. Tenant turnover is reasonable for well-managed properties.
Should investors consider Panama, NY?
Yes - Panama, NY a 3.0/5 investability score. With $191K home prices against $873/mo monthly rent, the market delivers a reasonable entry point for new investors.
What is the median home value in Panama, NY?
Panama, NY home values average about $191K. That price point suits investors targeting rentals with $873/mo in monthly income.
Do landlords face vacancy issues in Panama, NY?
Panama, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Are landlord laws favorable in Panama, NY?
Panama, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
You know 14767 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 14767 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.
How 14767 ranks in Jamestown-Dunkirk-Fredonia, NY
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