Real Estate Investing in Alexander, New York (14005)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14005 (Alexander, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- 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 Alexander, NY (14005)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14005 Alexander
ZIP 14005 inside Genesee County looks affordable on the surface — median value of $254K — but the discount exists for reasons that a careful buyer should understand before committing.
On balance, the numbers look inviting — $254K purchase price, 0.0% nominal cap — the work to hit that pro forma in 14005 is substantial and deserves full respect.
In the broader NY picture, 14005 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 14005 includes headwinds that any investor should price in. Income distribution skews lower than Alexander averages, and tenant stability requires active management.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Alexander:
Property Strategy for 14005
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $204,775 | $1,230 | 4.3% | +6.0% | $102,388 |
| 3BR | $234,974 | $1,470 | 4.5% | +7.2% | $78,325 |
| 4BR | $250,488 | $1,630 | 4.7% | +7.3% | $62,622 |
Market Trends
Home Value History (with trend line)
📊 How Does 14005 Compare?
| Metric | 14005 | Alexander | Batavia, NY | New York |
|---|---|---|---|---|
| Home Value | $254,028 | $254,028 | N/A | $505,608 |
| 5-Year CAGR | 6.2% | 6.2% | N/A | 6.6% |
| Avg Rent | $1,107 | $1,107 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
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 14005 (Alexander, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $254,028 |
| Monthly Rent | $1,107 |
| Price-to-Rent | 19.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +11.3% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (3.4%). 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 14005
Population: 1,788
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 14005
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
Investor Insight: With 2,749 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do landlord-tenant laws work in Alexander, NY?
NY law tenant-protective for landlords, and Alexander inherits those rules. Investors should still review local ordinances for rental licensing.
What is the typical rental rate in Alexander, NY?
The typical rental in Alexander, NY commands about $1,107/mo monthly. That rent profile reliable cash flow against the $254K purchase basis.
What is the renter demographic in Alexander, NY?
Tenant quality in Alexander, NY ranks as solid. Landlords generally report steady occupancy at market rents of $1,107/mo.
Does house hacking work in Alexander, NY?
House hacking works a challenging in Alexander, NY. Rents of $1,107/mo against $254K acquisition make the strategy solid for owner-occupants.
Is housing expensive in Alexander, NY?
Alexander, NY median home values land near $254K. That is reasonable territory for investors looking at $1,107/mo-per-month rentals.
You know 14005 now. You don’t know where it ranks.
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How 14005 ranks in Batavia, NY
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