Real Estate Investing in Bolivar, New York (14715)

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

Allegany County • Population: 2,374 • Data updated: September 2026

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Should you buy in 14715 (Bolivar, NY)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (57/100)

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: 18.3% 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 Bolivar, NY (14715)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $108,808
Avg Monthly Rent $900
1% Rule ✗ Does Not Meet
Median Income $47,177
% Renters 21.4%

Market Analysis: 14715 Bolivar

The 14715 ZIP in Bolivar, NY is a local-operator market. Outside capital chasing a $109K entry has to pair deep knowledge with the discount.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 14715 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Within NY, ZIP 14715 trails on several market indicators that neighboring Allegany County submarkets outperform. The gap is real and solid enough to shape underwriting.

Demographically, 14715 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

The 14715 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

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 Bolivar:

B Good
Buy Confidence Score: 77/100
Affordability
25/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.3× the median income
Value Trend
Rising (+11.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $900/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 14715

Which property type performs best in this market?

Best for Cash Flow
4BR
9.9% cap rate
Best for Appreciation
4BR
+9.4% 5yr CAGR
Best Overall Value
4BR
$27,196/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $84,643 $1,000 8.5% +8.8% $42,321
3BR $109,570 $1,280 8.4% +8.7% $36,523
4BR $108,782 $1,500 9.9% +9.4% $27,196

Market Trends

Home Value History (with trend line)

$113K$100K$86K$73K$59K$46KJul 2006Jul 2016Jul 2026

📊 How Does 14715 Compare?

Metric 14715 Bolivar New York
Home Value $108,808 $108,808 $505,608
5-Year CAGR 6.8% 6.8% 6.6%
Avg Rent $900 $900 -
Cap Rate 6.5% 6.5% -
💡 Why Invest in 14715? 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 14715 (Bolivar, NY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
6.5%
Good
5yr Growth
+6.8%
Strong

📊 Market Snapshot

Home Value $108,808
Monthly Rent $900
Price-to-Rent 10.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 9.9%
Cap Rate 6.5%
5-Year IRR 13.2%

📈 Home Appreciation

1-Year +11.4% ▲
3-Year CAGR +8.5% ▲
5-Year CAGR +6.8% ▲
10-Year CAGR +7.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Neutral Leverage Cap Rate: 6.5%  |  30yr Rate: 6.8%
Leverage is roughly neutral here.

The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.5%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
18.3%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+6.8%
Growing
Eviction process: Slow Rent control: Unfavorable

Demographics in 14715

Population: 2,374

💰 Median Household Income
$47,177
This area
$47,177
State
$86,376
USA
$74,580
🏠 Renter Occupied
21.4%
This area
21.4%
State
26.4%
USA
34.0%
💼 Unemployment Rate
2.8%
This area
2.8%
State
-24.2%
USA
3.7%
🎓 College Educated
16.4%
This area
16.4%
State
4.2%
USA
33.7%
👤 Median Age
43.3 years
This area
43.3 years
State
7.4 years
USA
38.9 years
🏚️ Vacancy Rate
18.3%
This area
18.3%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 98.4%
Other/Mixed 1.0%
Black/African American 0.5%
Hispanic/Latino 0.1%
Asian 0.1%
👶 Under 18
19.2%
This area
19.2%
USA
22.0%
👴 65 and Over
21.6%
This area
21.6%
USA
17.3%
📊 Poverty Rate
14.1%
This area
14.1%
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 14715

A Avg School Grade
2 Schools
12.4:1 Avg Class Size
$27,070 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

BOLIVAR-RICHBURG JUNIOR-SENIOR HIGH SCHOOL

📚 06 – 12 High School
👥
350 Students
👨‍🏫
8.9:1 Class Size
💰
$27,070 Per Student
B+ Above Average

BOLIVAR-RICHBURG PRE-K PROGRAM

📚 Grade PK Elementary
👥
16 Students
👨‍🏫
16.0:1 Class Size
💰
$27,070 Per Student

Nearby Schools (1 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

BOLIVAR-RICHBURG ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
📍 211 MAIN ST, RICHBURG
👥
304 Students
👨‍🏫
7.9:1 Class Size
💰
$27,070 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.

🎓 Nearby Colleges & Universities

1 Nearby
C
Cattaraugus Allegany BOCES-Practical Nursing Program
23 students · 13.3 mi

Frequently Asked Questions

What is the rental occupancy rate in Bolivar, NY?

Occupancy in Bolivar, NY runs even-keeled with elevated vacancy. Well-priced units at $900/mo lease on reasonable timelines.

Which real estate strategy fits Bolivar, NY?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Bolivar, NY. The numbers - $109K homes against $900/mo rents - support that play.

What is the average home sale price in Bolivar, NY?

Expect median prices around $109K in Bolivar, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.

Is Bolivar, NY landlord-friendly?

NY ranks as a tenant-protective state for landlord-tenant law. Bolivar generally follows the statewide framework, so landlords face reasonable operating rules.

Is Bolivar, NY a good place for real estate investing?

Yes - Bolivar, NY a 3.0/5 investability score. With $109K home prices against $900/mo monthly rent, the market delivers a reasonable entry point for new investors.

You know 14715 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 14715 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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