Real Estate Investing in Romulus, New York (14541)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14541 (Romulus, 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: 24.6% 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 Romulus, NY (14541)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14541 Romulus
ZIP 14541 inside Seneca County looks affordable on the surface — median value of $377K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $377K asset, 14541 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 14541's metrics run below Seneca County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 14541 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 14541 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 Romulus:
Property Strategy for 14541
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $342,688 | $1,420 | 3.0% | +11.6% | $171,344 |
| 3BR | $339,226 | $1,880 | 4.0% | +9.3% | $113,075 |
| 4BR | $379,864 | $2,380 | 4.5% | +8.9% | $94,966 |
Market Trends
Home Value History (with trend line)
📊 How Does 14541 Compare?
| Metric | 14541 | Romulus | Seneca Falls, NY | New York |
|---|---|---|---|---|
| Home Value | $377,102 | $377,102 | N/A | $505,608 |
| 5-Year CAGR | 8.2% | 8.2% | N/A | 6.6% |
| Avg Rent | $1,278 | $1,278 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
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 14541 (Romulus, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 14541 (Romulus, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $377,102 |
| Monthly Rent | $1,278 |
| Price-to-Rent | 24.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.6% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +10.6% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +8.2% ▲ |
| 10-Year CAGR | +8.2% ▲ |
🏠 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 (2.6%). 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 14541
Population: 3,523
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 14541
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Are homes affordable in Romulus, NY?
Expect median prices around $377K in Romulus, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.
What kind of tenants rent in Romulus, NY?
The renter base in Romulus, NY is reasonable for the $1,278/mo price point. Screening well and pricing to market typically yields stable tenants.
Are rents high in Romulus, NY?
Rental rates in Romulus, NY average $1,278/mo. Tenant demand and $377K home values make the yield look reasonable by investor standards.
Is house hacking profitable in Romulus, NY?
For house hackers, Romulus, NY is a challenging. The $1,278/mo rent on a unit helps defray the mortgage on a $377K property.
Are landlord laws favorable in Romulus, NY?
Romulus, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
You know 14541 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 14541 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 14541 ranks in Seneca Falls, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 14541 (Romulus)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 14541 (Romulus, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.