Real Estate Investing in Cameron Mills, New York (14820)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14820 (Cameron Mills, NY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 23.7% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Cameron Mills, NY (14820)?
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Market Analysis: 14820 Cameron Mills
Investors eyeing 14820 need to respect the fundamentals at play. Home values of $169K come alongside slower price movement and elevated management overhead.
For an experienced owner, 14820 can be a worth a close look for hunting ground — but the discount at $169K reflects genuine risk that outside investors often underestimate.
The gap between 14820 and stronger Cameron Mills ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 14820 ZIP's population of 556 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
Strategically, 14820 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Cameron Mills:
Market Trends
Home Value History (with trend line)
📊 How Does 14820 Compare?
| Metric | 14820 | Cameron Mills | Corning, NY | New York |
|---|---|---|---|---|
| Home Value | $168,878 | $168,878 | N/A | $505,608 |
| 5-Year CAGR | 3.6% | 3.6% | N/A | 6.6% |
| Avg Rent | $990 | $990 | N/A | - |
| Cap Rate | 4.6% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14820 (Cameron Mills, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $168,878 |
| Monthly Rent | $990 |
| Price-to-Rent | 14.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.6% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +5.7% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 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 (4.6%). 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 14820
Population: 556
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 14820
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.
Frequently Asked Questions
Should investors consider Cameron Mills, NY?
Cameron Mills, NY records an investability rating of 3.0/5, with median home values near $169K and average rents around $990/mo. That combination puts it in the significant tier for investor interest.
How strong are rents in Cameron Mills, NY?
Expect rents around $990/mo per month in Cameron Mills, NY. With home values at $169K, the yield math works out to reasonable levels for rental investors.
Is Cameron Mills, NY good for landlords?
Cameron Mills, NY operates under NY law, which is tenant-protective overall for landlords. Expect stable treatment in typical lease and eviction cases.
Is Cameron Mills, NY a good market for FHA house hackers?
The house hack math a challenging in Cameron Mills, NY. Owner-occupant buyers benefit from the $990/mo rents and $169K home values.
What kind of vacancy should I budget for in Cameron Mills, NY?
Expect elevated vacancy in Cameron Mills, NY. Rents at $990/mo are absorbed by the tenant base without meaningful lag.
You know 14820 now. You don’t know where it ranks.
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How 14820 ranks in Corning, NY
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