Real Estate Investing in Interlaken, New York (14847)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14847 (Interlaken, NY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 23.3% 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 Interlaken, NY (14847)?
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Market Analysis: 14847 Interlaken
Investors eyeing 14847 need to respect the fundamentals at play. Home values of $253K come alongside slower price movement and elevated management overhead.
Rent of $1,134/mo on a $253K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 14847 sits below the stated 0.0% once reality is priced in.
ZIP 14847's metrics run below Seneca County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 14847 includes headwinds that any investor should price in. Income distribution skews lower than Interlaken averages, and tenant stability requires active management.
Strategically, 14847 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 Interlaken:
Property Strategy for 14847
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $210,428 | $1,260 | 4.3% | +9.1% | $105,214 |
| 3BR | $231,549 | $1,670 | 5.2% | +8.0% | $77,183 |
| 4BR | $289,854 | $2,110 | 5.2% | +7.7% | $72,463 |
Market Trends
Home Value History (with trend line)
📊 How Does 14847 Compare?
| Metric | 14847 | Interlaken | Seneca Falls, NY | New York |
|---|---|---|---|---|
| Home Value | $252,881 | $252,881 | N/A | $505,608 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 6.6% |
| Avg Rent | $1,134 | $1,134 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14847 (Interlaken, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $252,881 |
| Monthly Rent | $1,134 |
| Price-to-Rent | 18.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +5.0% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (3.5%). 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 14847
Population: 2,385
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 14847
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
How much does a house cost in Interlaken, NY?
Median home price in Interlaken, NY is near $253K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
How tight is the rental market in Interlaken, NY?
Vacancy in Interlaken, NY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,134/mo.
Is Interlaken, NY suited for a house hack?
House hacking in Interlaken, NY is reasonable to execute. Prices around $253K and rents of $1,134/mo solid owner-occupant economics.
What is it like being a landlord in Interlaken, NY?
Landlord-friendliness in Interlaken, NY is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the tenant pool like in Interlaken, NY?
Interlaken, NY draws a steady base of working renters. Demand at the $1,134/mo rent level is reasonable for standard single-family and small multi rentals.
You know 14847 now. You don’t know where it ranks.
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How 14847 ranks in Seneca Falls, NY
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