Real Estate Investing in Waterport, New York (14571)
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Should you buy in 14571 (Waterport, 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: 19.1% 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 Waterport, NY (14571)?
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Market Analysis: 14571 Waterport
Not every below-median market is a bargain. Waterport's 14571 ZIP reports signals that favor experienced operators who can absorb the risk $214K pricing implies.
The 14571 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader NY picture, 14571 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 14571 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
leans 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 Waterport:
Property Strategy for 14571
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $176,046 | $2,040 | 8.3% | +8.9% | $88,023 |
| 3BR | $227,675 | $2,460 | 7.8% | +8.2% | $75,892 |
Market Trends
Home Value History (with trend line)
📊 How Does 14571 Compare?
| Metric | 14571 | Waterport | Rochester, NY | New York |
|---|---|---|---|---|
| Home Value | $213,529 | $213,529 | N/A | $505,608 |
| 5-Year CAGR | 7.0% | 7.0% | N/A | 6.6% |
| Avg Rent | $1,836 | $1,836 | N/A | - |
| Cap Rate | 6.7% | 6.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14571 (Waterport, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $213,529 |
| Monthly Rent | $1,836 |
| Price-to-Rent | 9.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.3% |
| Cap Rate | 6.7% |
| 5-Year IRR | 13.7% |
📈 Home Appreciation
| 1-Year | +13.1% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.7%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 14571
Population: 1,001
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
Frequently Asked Questions
What kind of market is Waterport, NY for investors?
Waterport, NY rates 3.0/5 for investability. With median values at $214K and rents near $1,836/mo, the market offers reasonable fundamentals for rental investors.
What is it like being a landlord in Waterport, NY?
The landlord environment in Waterport, NY is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
How much rent can I charge in Waterport, NY?
Rental rates in Waterport, NY average $1,836/mo. Tenant demand and $214K home values make the yield look reasonable by investor standards.
What type of investing works in Waterport, NY?
In Waterport, NY the notable play is typically careful cash-flow rentals with hands-on management. The combination of $214K prices and $1,836/mo rents suits that approach.
How deep is the rental pool in Waterport, NY?
Waterport, NY draws a steady base of working renters. Demand at the $1,836/mo rent level is reasonable for standard single-family and small multi rentals.
You know 14571 now. You don’t know where it ranks.
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How 14571 ranks in Rochester, NY
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