Real Estate Investing in Randolph, New York (14772)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14772 (Randolph, 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: 17.8% 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 Randolph, NY (14772)?
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Market Analysis: 14772 Randolph
ZIP 14772 inside Cattaraugus County looks affordable on the surface — median value of $167K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 14772 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 14772's metrics run below Cattaraugus County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 14772 ZIP's population of 4,431 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
The 14772 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.
Here's what matters if you're considering buying a home in Randolph:
Property Strategy for 14772
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $136,258 | $970 | 5.1% | +9.5% | $68,129 |
| 3BR | $162,927 | $1,190 | 5.3% | +8.6% | $54,309 |
| 4BR | $173,846 | $1,370 | 5.7% | +9.0% | $43,461 |
Market Trends
Home Value History (with trend line)
📊 How Does 14772 Compare?
| Metric | 14772 | Randolph | Olean, NY | New York |
|---|---|---|---|---|
| Home Value | $166,615 | $166,615 | N/A | $505,608 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 6.6% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
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 14772 (Randolph, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $166,615 |
| Monthly Rent | $873 |
| Price-to-Rent | 15.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (4.1%). 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 14772
Population: 4,431
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 14772
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
Investor Insight: With 626 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do home values compare in Randolph, NY?
The median home value in Randolph, NY is roughly $167K. That puts it reasonable relative to the NY statewide average.
What is the best play in Randolph, NY?
The best-fit strategy in Randolph, NY is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What do rentals go for in Randolph, NY?
Randolph, NY rentals go for roughly $873/mo a month. That puts gross yield in solid territory relative to $167K acquisition costs.
Is Randolph, NY a smart market for rental property?
Randolph, NY sits at an investability rating of 3.0/5, with median home values near $167K and average rents around $873/mo. That combination puts it in the resilient tier for investor interest.
How strict are landlord regulations in Randolph, NY?
Randolph, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
You know 14772 now. You don’t know where it ranks.
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How 14772 ranks in Olean, NY
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