Real Estate Investing in Manchester, New York (14504)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14504 (Manchester, 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 Manchester, NY (14504)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14504 Manchester
Not every below-median market is a bargain. Manchester's 14504 ZIP clocks in at signals that favor experienced operators who can absorb the risk $207K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $207K asset, 14504 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 14504 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
In practical terms, 1,655 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
appears 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 Manchester:
Property Strategy for 14504
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $195,669 | $1,930 | 7.1% | +7.7% | $65,223 |
| 4BR | $208,407 | $2,120 | 7.3% | — | $52,102 |
Market Trends
Home Value History (with trend line)
📊 How Does 14504 Compare?
| Metric | 14504 | Manchester | Rochester, NY | New York |
|---|---|---|---|---|
| Home Value | $206,820 | $233,051 | N/A | $505,608 |
| 5-Year CAGR | 6.4% | 6.8% | N/A | 6.6% |
| Avg Rent | $1,440 | $1,332 | N/A | - |
| Cap Rate | 5.4% | 4.6% | - | - |
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 14504 (Manchester, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 14504 (Manchester, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $206,820 |
| Monthly Rent | $1,440 |
| Price-to-Rent | 12.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.4% |
| Cap Rate | 5.4% |
| 5-Year IRR | 11.8% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (5.4%). 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 14504
Population: 1,655
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 14504
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
RED JACKET ELEMENTARY SCHOOL
RED JACKET HIGH SCHOOL
RED JACKET MIDDLE SCHOOL
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 3,556 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does Manchester, NY make sense for an investment property?
Yes - Manchester, NY a 3.0/5 investability score. With $207K home prices against $1,440/mo monthly rent, the market delivers a reasonable entry point for new investors.
What is the renter demographic in Manchester, NY?
Tenant demand in Manchester, NY is solid. The local workforce $1,440/mo rents across most rental classes.
Where do rents currently stand in Manchester, NY?
Rent in Manchester, NY is around $1,440/mo. The resulting rent-to-value relationship with $207K pricing is reasonable for most investor models.
Is Manchester, NY better for rentals, flips, or BRRRR?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Manchester, NY. The numbers - $207K homes against $1,440/mo rents - support that play.
Can owner-occupants cash flow in Manchester, NY?
The house hack math a challenging in Manchester, NY. Owner-occupant buyers benefit from the $1,440/mo rents and $207K home values.
You know 14504 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 14504 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 14504 ranks in Rochester, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 14504 (Manchester)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 14504 (Manchester, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.