Real Estate Investing in Ionia, New York (14475)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14475 (Ionia, 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.
- High price-to-rent: Price-to-rent ratio 32.4 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ionia, NY (14475)?
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Market Analysis: 14475 Ionia
This part of Ontario County is not an easy win. The 14475 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $500K asset, 14475 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 14475'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.
Resident income in 14475 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 14475 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 Ionia:
Market Trends
Home Value History (with trend line)
📊 How Does 14475 Compare?
| Metric | 14475 | Ionia | Rochester, NY | New York |
|---|---|---|---|---|
| Home Value | $500,412 | $500,412 | N/A | $505,608 |
| 5-Year CAGR | 8.4% | 8.4% | N/A | 6.6% |
| Avg Rent | $1,287 | $1,287 | N/A | - |
| Cap Rate | 2.0% | 2.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14475 (Ionia, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $500,412 |
| Monthly Rent | $1,287 |
| Price-to-Rent | 32.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.1% |
| Cap Rate | 2.0% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +10.7% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +8.4% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (2.0%). 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 14475
Population: 253
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
🎓 Nearby Colleges & Universities
Investor Insight: With 5,646 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do home prices stand in Ionia, NY?
The median home value in Ionia, NY is roughly $500K. That puts it reasonable relative to the NY statewide average.
Is Ionia, NY good for landlords?
NY ranks as a tenant-protective state for landlord-tenant law. Ionia generally follows the statewide framework, so landlords face reasonable operating rules.
How deep is the rental pool in Ionia, NY?
Tenant demand in Ionia, NY is solid. The local workforce $1,287/mo rents across most rental classes.
Can I live-in-and-rent in Ionia, NY?
For house hackers, Ionia, NY is a challenging. The $1,287/mo rent on a unit helps defray the mortgage on a $500K property.
How much do tenants pay in Ionia, NY?
Ionia, NY rentals go for roughly $1,287/mo a month. That puts gross yield in solid territory relative to $500K acquisition costs.
You know 14475 now. You don’t know where it ranks.
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How 14475 ranks in Rochester, NY
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