Real Estate Investing in Waverly, New York (14892)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14892 (Waverly, NY)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.2% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Waverly, NY (14892)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14892 Waverly
This part of Tioga County is not an easy win. The 14892 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
On the rental side, the numbers look inviting — $173K purchase price, 0.0% nominal cap — the work to hit that pro forma in 14892 is substantial and deserves full respect.
In the broader NY picture, 14892 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A healthy renter share of 34% in 14892 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 14892 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Waverly:
Property Strategy for 14892
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $134,134 | $1,160 | 6.2% | +5.3% | $67,067 |
| 3BR | $163,113 | $1,470 | 6.5% | +5.2% | $54,371 |
| 4BR | $179,511 | $1,580 | 6.3% | +5.3% | $44,878 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 14892 Compare?
| Metric | 14892 | Waverly | Binghamton, NY | New York |
|---|---|---|---|---|
| Home Value | $173,266 | $173,266 | N/A | $505,608 |
| 5-Year CAGR | 4.0% | 4.0% | N/A | 6.6% |
| Avg Rent | $1,138 | $1,138 | N/A | - |
| Cap Rate | 5.1% | 5.1% | - | - |
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 14892 (Waverly, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 14892 (Waverly, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $173,266 |
| Monthly Rent | $1,138 |
| Price-to-Rent | 12.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (5.1%). 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 14892
Population: 7,531
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 14892
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
Where do rents currently stand in Waverly, NY?
Average rent in Waverly, NY is approximately $1,138/mo per month. Against $173K home values that yields a reasonable rent-to-price ratio.
Are there empty rentals in Waverly, NY?
Waverly, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How do home values compare in Waverly, NY?
Typical homes in Waverly, NY go for around $173K. The 5-year CAGR of 0.0% predictable price movement.
Is Waverly, NY landlord-friendly?
Waverly, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
Which investment style suits Waverly, NY?
The best-fit strategy in Waverly, NY is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 14892 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 14892 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.
How 14892 ranks in Binghamton, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 14892 (Waverly)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 14892 (Waverly, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.