Real Estate Investing in Sparrow Bush, New York (12780)

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

Orange County • Population: 2,245 • Data updated: September 2026

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Should you buy in 12780 (Sparrow Bush, NY)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (51/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 9.8% vacancy may signal weakening demand.
  • 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 Sparrow Bush, NY (12780)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $350,292
Avg Monthly Rent $1,548
1% Rule ✗ Does Not Meet
Median Income $57,466
% Renters 29.6%

Market Analysis: 12780 Sparrow Bush

ZIP 12780 in Sparrow Bush, NY carries a resilient set of headwinds. Home values near $350K and rents of $1,548/mo sit inside a market where underwriting has to be tight.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 12780 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Regionally, 12780 sits on the difficult end of the NY spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.

Who lives in 12780 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Strategically, 12780 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 Sparrow Bush:

C Below Average
Buy Confidence Score: 59/100
Affordability
5/25
Appreciation
22/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.1× the median income
Value Trend
Stable (+2.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,548/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
❄️
COOL MARKET
Poughkeepsie-Newburgh-Middletown, NY Metro Area
More inventory, negotiating room for buyers
64 days
Average time to sell
Slow
6.2%
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 Poughkeepsie-Newburgh-Middletown, NY metro data
🏠

Property Strategy for 12780

Which property type performs best in this market?

Best for Cash Flow
2BR
4.8% cap rate
Best for Appreciation
2BR
+11.6% 5yr CAGR
Best Overall Value
4BR
$108,185/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $259,364 $1,720 4.8% +11.6% $129,682
3BR $361,369 $2,190 4.4% +10.6% $120,456
4BR $432,739 $2,370 3.9% +10.4% $108,185

Market Trends

Home Value History (with trend line)

$372K$322K$272K$223K$173K$123KJul 2006Jul 2016Jul 2026

📊 How Does 12780 Compare?

Metric 12780 Sparrow Bush Poughkeepsie-Newburgh-Middletown, NY New York
Home Value $350,292 $350,292 N/A $505,608
5-Year CAGR 6.9% 6.9% N/A 6.6%
Avg Rent $1,548 $1,548 N/A -
Cap Rate 3.5% 3.5% - -
💡 Why Invest in 12780? 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 →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 12780 (Sparrow Bush, NY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.5%
Low
5yr Growth
+6.9%
Strong

📊 Market Snapshot

Home Value $350,292
Monthly Rent $1,548
Price-to-Rent 18.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.3%
Cap Rate 3.5%
5-Year IRR 10.4%

📈 Home Appreciation

1-Year +2.8% ▲
3-Year CAGR +5.3% ▲
5-Year CAGR +6.9% ▲
10-Year CAGR +8.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
9.8%
Moderate risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+6.9%
Growing
Eviction process: Slow Rent control: Unfavorable

Demographics in 12780

Population: 2,245

💰 Median Household Income
$57,466
This area
$57,466
State
$86,376
USA
$74,580
🏠 Renter Occupied
29.6%
This area
29.6%
State
26.4%
USA
34.0%
💼 Unemployment Rate
4.6%
This area
4.6%
State
-24.2%
USA
3.7%
🎓 College Educated
25.6%
This area
25.6%
State
4.2%
USA
33.7%
👤 Median Age
45.6 years
This area
45.6 years
State
7.4 years
USA
38.9 years
🏚️ Vacancy Rate
9.8%
This area
9.8%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 78.1%
Other/Mixed 14.6%
Hispanic/Latino 7.9%
Black/African American 6.6%
Asian 0.7%
👶 Under 18
18.6%
This area
18.6%
USA
22.0%
👴 65 and Over
21.8%
This area
21.8%
USA
17.3%
📊 Poverty Rate
3.0%
This area
3.0%
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

Frequently Asked Questions

Which real estate strategy fits Sparrow Bush, NY?

Sparrow Bush, NY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($350K prices, $1,548/mo rents) make it a reasonable choice.

Can I house hack in Sparrow Bush, NY?

House hacking in Sparrow Bush, NY is a challenging. With home values around $350K and rents at $1,548/mo, owner-occupants can offset a meaningful share of PITI.

What kind of market is Sparrow Bush, NY for investors?

Sparrow Bush, NY rates 3.0/5 for investability. With median values at $350K and rents near $1,548/mo, the market offers reasonable fundamentals for rental investors.

What price range are homes in Sparrow Bush, NY?

Homes in Sparrow Bush, NY typically sell near $350K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.

What do rentals go for in Sparrow Bush, NY?

Rents in Sparrow Bush, NY run near $1,548/mo. Compared with median home prices of $350K that produces solid gross yields for typical rentals.

You know 12780 now. You don’t know where it ranks.

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How 12780 ranks in Poughkeepsie-Newburgh-Middletown, NY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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