Real Estate Investing in Livonia, New York (14487)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14487 (Livonia, 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: 12.3% 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 Livonia, NY (14487)?
Click any question — our AI will research it live from the web and show you sources.
Local Pulse Report
AI-researched developments and news for Livonia, NY (14487). Updated on demand as visitors ask.
Growth & development in Livonia, NY (14487) Updated 33 days ago
Opportunities
- A new single-family home at 4682 East Lake Road in Livonia has been completely rebuilt and is available for sale. — This adds to the housing supply and revitalizes a previously blighted property. RE/MAX Hometown Choice
- Rising Storm Brewing Co. purchased its 12.3-acre Livonia property at 5750 S. Lima Road in April 2024 and plans upgrades. — This expansion could lead to an improved customer experience and potential job growth. Cleveland Prost
- The Livonia Central School District's 2024 Phase 1 Capital Improvement Project, including a new Bus Garage, was substantially complete by July 2024. — Modernized facilities can improve operational efficiency and support the community. Livonia Central School District
- Construction for the Livonia CSD 2024 Phase 3 Capital Improvement Project, including office renovations, began in October 2025. — These improvements enhance the functionality and environment of district facilities. Livonia Central School District
Concerns
- Pratt Industries announced permanent layoffs for 53 manufacturing employees at its Livonia site, effective August 10, 2025. — This results in job losses and reduces local employment opportunities. Facebook
- Daly Drive-In, a beloved Livonia restaurant, closed in April 2026 after 67 years in business. — This closure reduces local dining options and eliminates established community gathering spots. CBS Detroit
- A proposed drainage and infrastructure improvement project for a multi-family residential building at 101-1400 Orchid Dr. in Livonia impacts a regulated wetland. — This project involves environmental impacts to a regulated wetland and its adjacent area. NYSDEC
AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.
Here's what matters if you're considering buying a home in Livonia:
Property Strategy for 14487
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $227,997 | $1,290 | 4.1% | +9.1% | $113,998 |
| 3BR | $289,849 | $1,550 | 3.9% | +8.9% | $96,616 |
| 4BR | $353,032 | $1,710 | 3.5% | +8.7% | $88,258 |
| 5BR | $389,245 | — | — | +8.2% | $77,849 |
Market Trends
Home Value History (with trend line)
📊 How Does 14487 Compare?
| Metric | 14487 | Livonia | Rochester, NY | New York |
|---|---|---|---|---|
| Home Value | $315,691 | $315,691 | N/A | $505,608 |
| 5-Year CAGR | 7.5% | 7.5% | N/A | 6.6% |
| Avg Rent | $1,161 | $1,161 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14487 (Livonia, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $315,691 |
| Monthly Rent | $1,161 |
| Price-to-Rent | 22.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 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 (2.9%). 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 14487
Population: 5,632
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 14487
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
What strategy should investors use in Livonia, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Livonia, NY. The numbers - $316K homes against $1,161/mo rents - support that play.
How quickly do rentals get leased in Livonia, NY?
Rental vacancy in Livonia, NY is elevated. Investors should budget normal turnover but not chronic empty units.
Is the tenant base reliable in Livonia, NY?
The tenant pool in Livonia, NY is solid, supported by local employment and population fundamentals. Rents of $1,161/mo are well-absorbed by the market.
How landlord-friendly is Livonia, NY?
Rental owners in Livonia, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
How does Livonia, NY rate as a rental market?
With a 3.0/5 investability score, Livonia, NY ranks as a solid market for rental property investors. Median prices of $316K and rents of $1,161/mo drive the underlying numbers.
You know 14487 now. You don’t know where it ranks.
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How 14487 ranks in Rochester, NY
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Community Ratings
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