Real Estate Investing in Rochester, New York (14608)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14608 (Rochester, NY)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 15.5% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 34.8% poverty rate — can affect rent collection.
- Higher unemployment: 7.6% unemployment — tenant risk signal.
What’s happening in Rochester, NY (14608)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14608 Rochester
In Rochester's 14608 ZIP, the arithmetic favors hands-on owners. Median home values reports $122K, leaving spread for capex-heavy BRRRR or reposition strategies.
ZIP 14608 favors investors with a contractor on speed dial. Stepping back, the turnkey yield looks ordinary, a renovated unit pulls stronger rent than the unrenovated $1,501/mo average.
Regionally, 14608 sits on the affordable end of the Monroe County map. From a cash-flow lens, the absolute numbers are modest, the spread between acquisition price and post-rehab value is wider than in turnkey ZIPs.
On balance, incomes in 14608 sit below the county median, the tenant pool is deep and the demand for upgraded rental stock consistently outruns supply.
Strategic fit here is operational. Pro forma discipline, capex reserves, and lender relationships matter more than the marketing pitch.
Here's what matters if you're considering buying a home in Rochester:
Property Strategy for 14608
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $145,085 | $1,430 | 7.1% | +5.0% | $72,542 |
| 3BR | $108,557 | $1,720 | 11.4% | +6.0% | $36,186 |
| 4BR | $104,471 | $1,890 | 13.0% | +5.2% | $26,118 |
| 5BR | $116,297 | — | — | +5.7% | $23,259 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 14608 Compare?
| Metric | 14608 | Rochester | Rochester, NY | New York |
|---|---|---|---|---|
| Home Value | $122,123 | $98,952 | N/A | $505,608 |
| 5-Year CAGR | 4.3% | 7.0% | N/A | 6.6% |
| Avg Rent | $1,501 | $1,517 | N/A | - |
| Cap Rate | 9.6% | 5.6% | - | - |
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 14608 (Rochester, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 14608 (Rochester, NY)?
~25 seconds · no account needed · your report is anonymous
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 | $122,123 |
| Monthly Rent | $1,501 |
| Price-to-Rent | 6.8:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 14.8% |
| Cap Rate | 9.6% |
| 5-Year IRR | 13.8% |
📈 Home Appreciation
| 1-Year | +11.2% ▲ |
| 3-Year CAGR | +9.1% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | +14.4% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (9.6%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 14608
Population: 12,417
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 14608
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
JAMES MONROE UPPER SCHOOL
JOSEPH C WILSON FOUNDATION ACADEMY
JOSEPH C WILSON MAGNET HIGH SCHOOL
ROCHESTER EARLY COLLEGE INTERNATIONAL HIGH SCHOOL
SCHOOL 17-ENRICO FERMI
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 2,149 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in Rochester, NY?
Expect median prices around $122K in Rochester, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
How strong is Rochester, NY for real estate investors?
With a 5.0/5 investability score, Rochester, NY ranks as a solid market for rental property investors. Median prices of $122K and rents of $1,501/mo drive the underlying numbers.
Does Rochester, NY meet the 1% rule for rental property?
The 1% rule is solid territory for Rochester, NY. Rent-to-price at the median is 1.23%, putting many properties within striking distance.
What approach is best for Rochester, NY real estate?
Investors usually favor value-add and BRRRR deals in Rochester, NY. With home values at $122K and rents near $1,501/mo, other strategies can work but produce stable rather than outsized returns.
Does house hacking work in Rochester, NY?
Rochester, NY is a an attractive market for house hackers. FHA or conventional owner-occupant buyers find the $122K price point reasonable to enter.
You know 14608 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 14608 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 14608 ranks in Rochester, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 14608 (Rochester)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 14608 (Rochester, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.