Real Estate Investing in Van Etten, New York (14889)

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

Chemung County • Population: 1,341 • Data updated: September 2026

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Should you buy in 14889 (Van Etten, NY)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

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

📈 For Investors
MIXED
3.0 / 5 (52/100)

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: 21.5% 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 Van Etten, NY (14889)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $187,671
Avg Monthly Rent $1,179
1% Rule ✗ Does Not Meet
Median Income $63,750
% Renters 13.4%

Market Analysis: 14889 Van Etten

Investors eyeing 14889 need to respect the fundamentals at play. Home values of $188K come alongside slower price movement and elevated management overhead.

Distressed markets are won on execution, not on spreadsheets. ZIP 14889 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

ZIP 14889's metrics run below Chemung County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

A impressive renter share of 13% in 14889 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Strategically, 14889 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.

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 Van Etten:

B Good
Buy Confidence Score: 70/100
Affordability
20/25
Appreciation
22/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.9× the median income
Value Trend
Rising (+11.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,179/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Elmira, NY Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Elmira, NY metro data
🏠

Property Strategy for 14889

Which property type performs best in this market?

Best for Cash Flow
3BR
6.7% cap rate
Best for Appreciation
3BR
+7.6% 5yr CAGR
Best Overall Value
3BR
$58,543/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $157,204 $1,310 6.0% +7.3% $78,602
3BR $175,629 $1,640 6.7% +7.6% $58,543

Market Trends

Home Value History (with trend line)

$196K$172K$148K$123K$99K$75KJul 2006Jul 2016Jul 2026

📊 How Does 14889 Compare?

Metric 14889 Van Etten Elmira, NY New York
Home Value $187,671 $187,671 N/A $505,608
5-Year CAGR 6.2% 6.2% N/A 6.6%
Avg Rent $1,179 $1,179 N/A -
Cap Rate 4.9% 4.9% - -
💡 Why Invest in 14889? 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 →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 14889 (Van Etten, NY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.9%
Fair
5yr Growth
+6.2%
Strong

📉 Market Crash Risk Index

Based on Elmira, NY metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
48%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $187,671
Monthly Rent $1,179
Price-to-Rent 13.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.5%
Cap Rate 4.9%
5-Year IRR 11.1%

📈 Home Appreciation

1-Year +11.8% ▲
3-Year CAGR +6.7% ▲
5-Year CAGR +6.2% ▲
10-Year CAGR +6.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). 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.

Vacancy
21.5%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+6.2%
Growing
Eviction process: Slow Rent control: Unfavorable

Demographics in 14889

Population: 1,341

💰 Median Household Income
$63,750
This area
$63,750
State
$86,376
USA
$74,580
🏠 Renter Occupied
13.4%
This area
13.4%
State
26.4%
USA
34.0%
💼 Unemployment Rate
2.0%
This area
2.0%
State
-24.2%
USA
3.7%
🎓 College Educated
22.7%
This area
22.7%
State
4.2%
USA
33.7%
👤 Median Age
42.6 years
This area
42.6 years
State
7.4 years
USA
38.9 years
🏚️ Vacancy Rate
21.5%
This area
21.5%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 92.2%
Other/Mixed 5.1%
Black/African American 1.6%
Asian 1.0%
Hispanic/Latino 0.4%
👶 Under 18
25.0%
This area
25.0%
USA
22.0%
👴 65 and Over
17.2%
This area
17.2%
USA
17.3%
📊 Poverty Rate
6.2%
This area
6.2%
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 14889

A+ Avg School Grade
1 Schools
11.3:1 Avg Class Size
$32,879 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

SPENCER-VAN ETTEN ELEMENTARY SCHOOL

📚 Pre-K – 04 Elementary
👥
331 Students
👨‍🏫
11.3:1 Class Size
💰
$32,879 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

4 Nearby 113 Off-Campus Students
C+
Schuyler Steuben Chemung Tioga Allegany BOCES
170 students · 13.9 mi
C
Elmira College
657 students · 14.5 mi
C+
Arnot Ogden Medical Center
29 students · 14.9 mi
C+
Ithaca College
4,828 students · 14.9 mi

Frequently Asked Questions

What is the typical home price in Van Etten, NY?

The median home value in Van Etten, NY is roughly $188K. That puts it reasonable relative to the NY statewide average.

How qualified is the tenant pool in Van Etten, NY?

Van Etten, NY draws a steady base of working renters. Demand at the $1,179/mo rent level is reasonable for standard single-family and small multi rentals.

How much rent can I charge in Van Etten, NY?

Average rent in Van Etten, NY is approximately $1,179/mo per month. Against $188K home values that yields a reasonable rent-to-price ratio.

How strict are landlord regulations in Van Etten, NY?

Van Etten, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.

How should investors approach Van Etten, NY?

A careful cash-flow rentals with hands-on management strategy Van Etten, NY best. The market produces reliable results for that approach at the $188K price point.

You know 14889 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 14889 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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How 14889 ranks in Elmira, NY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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