Real Estate Investing in Woodhull, New York (14898)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14898 (Woodhull, NY)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 25.0% 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 Woodhull, NY (14898)?
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Market Analysis: 14898 Woodhull
ZIP 14898 inside Steuben County looks affordable on the surface — median value of $184K — but the discount exists for reasons that a careful buyer should understand before committing.
The 14898 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Woodhull have seen price recovery that 14898 has not matched. Steuben County data supports the view that the spread is structural rather than temporary.
Who lives in 14898 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 14898 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Woodhull:
Market Trends
Home Value History (with trend line)
📊 How Does 14898 Compare?
| Metric | 14898 | Woodhull | Corning, NY | New York |
|---|---|---|---|---|
| Home Value | $184,221 | $184,221 | N/A | $505,608 |
| 5-Year CAGR | 3.2% | 3.2% | N/A | 6.6% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14898 (Woodhull, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $184,221 |
| Monthly Rent | $873 |
| Price-to-Rent | 17.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +3.2% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 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 (3.7%). 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 14898
Population: 1,501
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
Frequently Asked Questions
What investment strategy works best in Woodhull, NY?
Investors usually favor careful cash-flow rentals with hands-on management in Woodhull, NY. With home values at $184K and rents near $873/mo, other strategies can work but produce stable rather than outsized returns.
How strong are rents in Woodhull, NY?
Expect rents around $873/mo per month in Woodhull, NY. With home values at $184K, the yield math works out to reasonable levels for rental investors.
What is the average home sale price in Woodhull, NY?
Woodhull, NY median home values land near $184K. That is reasonable territory for investors looking at $873/mo-per-month rentals.
Are tenants stable in Woodhull, NY?
Expect a solid tenant pool in Woodhull, NY. The rental market absorbs $873/mo rents without meaningful friction.
What is the investability score for Woodhull, NY?
With a 3.0/5 investability score, Woodhull, NY ranks as a solid market for rental property investors. Median prices of $184K and rents of $873/mo drive the underlying numbers.
You know 14898 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 14898 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 14898 ranks in Corning, NY
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