Real Estate Investing in Wellsburg, New York (14894)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14894 (Wellsburg, 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: 13.4% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 21.8% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Wellsburg, NY (14894)?
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Market Analysis: 14894 Wellsburg
The 14894 ZIP covers a section of Wellsburg that demands careful diligence. Prices near $168K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 14894 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Wellsburg have seen price recovery that 14894 has not matched. Chemung County data supports the view that the spread is structural rather than temporary.
A substantial renter share of 15% in 14894 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Wellsburg's stable or hybrid ZIPs before stepping into 14894. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Wellsburg:
Market Trends
Home Value History (with trend line)
📊 How Does 14894 Compare?
| Metric | 14894 | Wellsburg | Elmira, NY | New York |
|---|---|---|---|---|
| Home Value | $168,075 | $168,075 | N/A | $505,608 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 6.6% |
| Avg Rent | $1,278 | $1,278 | N/A | - |
| Cap Rate | 5.9% | 5.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14894 (Wellsburg, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $168,075 |
| Monthly Rent | $1,278 |
| Price-to-Rent | 11.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.1% |
| Cap Rate | 5.9% |
| 5-Year IRR | 12.8% |
📈 Home Appreciation
| 1-Year | +11.7% ▲ |
| 3-Year CAGR | +8.9% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (5.9%). 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.
Demographics in 14894
Population: 1,316
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How landlord-friendly is Wellsburg, NY?
NY ranks as a tenant-protective state for landlord-tenant law. Wellsburg generally follows the statewide framework, so landlords face reasonable operating rules.
How much do tenants pay in Wellsburg, NY?
Investors in Wellsburg, NY typically see rents near $1,278/mo per month against $168K home values - a solid setup for rental cash flow.
How qualified is the tenant pool in Wellsburg, NY?
Wellsburg, NY draws a stable base of working renters. Demand at the $1,278/mo rent level is reasonable for standard single-family and small multi rentals.
How strong is Wellsburg, NY for real estate investors?
Our data puts Wellsburg, NY at 3.0/5 for investability. Home prices of $168K and rents around $1,278/mo create a solid backdrop for investor activity.
Are homes affordable in Wellsburg, NY?
Expect median prices around $168K in Wellsburg, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.
You know 14894 now. You don’t know where it ranks.
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