Real Estate Investing in Spencerport, New York (14559)
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Should you buy in 14559 (Spencerport, 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.
What’s happening in Spencerport, NY (14559)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14559 Spencerport
This part of Monroe County is not an easy win. The 14559 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
In practical terms, the numbers look inviting — $335K purchase price, 0.0% nominal cap — the work to hit that pro forma in 14559 is substantial and deserves full respect.
The gap between 14559 and stronger Spencerport ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 14559 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 14559 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Spencerport:
Property Strategy for 14559
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $238,758 | $1,680 | 5.1% | +9.3% | $119,379 |
| 3BR | $289,573 | $2,020 | 5.0% | +9.0% | $96,524 |
| 4BR | $357,817 | $2,220 | 4.5% | +9.4% | $89,454 |
| 5BR | $433,730 | — | — | +9.6% | $86,746 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 14559 Compare?
| Metric | 14559 | Spencerport | Rochester, NY | New York |
|---|---|---|---|---|
| Home Value | $335,398 | $335,398 | N/A | $505,608 |
| 5-Year CAGR | 8.6% | 8.6% | N/A | 6.6% |
| Avg Rent | $1,551 | $1,551 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14559 (Spencerport, NY). Anonymous, moderated, never written by AI.
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Property managers serving Monroe County
Manage rentals here? List your business →Turn-Key Property Management is a full-service company specializing in residential properties of all sizes, serving the community since 1983. summary from their website
Gallagher Property Management helps individuals find their perfect rental home and provides property management services. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $335,398 |
| Monthly Rent | $1,551 |
| Price-to-Rent | 18.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 12.2% |
📈 Home Appreciation
| 1-Year | +11.2% ▲ |
| 3-Year CAGR | +8.4% ▲ |
| 5-Year CAGR | +8.6% ▲ |
| 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 (3.6%). 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 14559
Population: 17,646
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 14559
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 1,088 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the best play in Spencerport, NY?
Spencerport, NY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($335K prices, $1,551/mo rents) make it a reasonable choice.
Is it easy to find good tenants in Spencerport, NY?
Tenant demand in Spencerport, NY is solid. The local workforce $1,551/mo rents across most rental classes.
How strong is Spencerport, NY for real estate investors?
Spencerport, NY scores 3.0/5 for investability. Home values sit at $335K and rents near $1,551/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is it like being a landlord in Spencerport, NY?
NY law tenant-protective for landlords, and Spencerport inherits those rules. Investors should still review local ordinances for rental licensing.
What is the typical home price in Spencerport, NY?
Homes in Spencerport, NY typically sell near $335K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
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How 14559 ranks in Rochester, NY
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