Real Estate Investing in Honeoye, New York (14471)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14471 (Honeoye, 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: 33.2% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Higher unemployment: 7.7% unemployment — tenant risk signal.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Honeoye, NY (14471)?
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Market Analysis: 14471 Honeoye
The 14471 ZIP covers a section of Honeoye that demands careful diligence. Prices near $345K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 14471 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 14471's metrics run below Ontario County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 14471 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. substantial returns are possible in 14471, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Honeoye:
Property Strategy for 14471
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $276,091 | $1,630 | 4.3% | +10.1% | $138,045 |
| 3BR | $357,801 | $1,960 | 3.9% | +10.3% | $119,267 |
| 4BR | $402,954 | $2,160 | 3.9% | +10.6% | $100,739 |
Market Trends
Home Value History (with trend line)
📊 How Does 14471 Compare?
| Metric | 14471 | Honeoye | Rochester, NY | New York |
|---|---|---|---|---|
| Home Value | $344,616 | $344,616 | N/A | $505,608 |
| 5-Year CAGR | 9.4% | 9.4% | N/A | 6.6% |
| Avg Rent | $1,467 | $1,467 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14471 (Honeoye, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $344,616 |
| Monthly Rent | $1,467 |
| Price-to-Rent | 19.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 12.7% |
📈 Home Appreciation
| 1-Year | +11.5% ▲ |
| 3-Year CAGR | +7.5% ▲ |
| 5-Year CAGR | +9.4% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 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 (3.3%). 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 14471
Population: 2,792
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 14471
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
Which investment style suits Honeoye, NY?
Most investors in Honeoye, NY run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How much rent can I charge in Honeoye, NY?
Average rent in Honeoye, NY is approximately $1,467/mo per month. Against $345K home values that yields a reasonable rent-to-price ratio.
How quickly do rentals get leased in Honeoye, NY?
Honeoye, NY sees elevated vacancy, which is reasonable relative to the broader NY rental market.
Is house hacking profitable in Honeoye, NY?
The a challenging house-hack environment in Honeoye, NY reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is it like being a landlord in Honeoye, NY?
Landlord-friendliness in Honeoye, NY is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 14471 now. You don’t know where it ranks.
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How 14471 ranks in Rochester, NY
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