Real Estate Investing in Rochester, New York (14615)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14615 (Rochester, 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 Rochester, NY (14615)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14615 Rochester
From a cash-flow lens, ZIP 14615 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $194K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 14615 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Rochester have seen price recovery that 14615 has not matched. Monroe County data supports the view that the spread is structural rather than temporary.
The 14615 ZIP's population of 18,255 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
The 14615 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Rochester:
Property Strategy for 14615
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $159,897 | $1,510 | 6.8% | +9.3% | $79,949 |
| 3BR | $181,425 | $1,820 | 7.2% | +8.5% | $60,475 |
| 4BR | $223,443 | $2,000 | 6.4% | +9.3% | $55,861 |
| 5BR | $265,724 | — | — | +9.8% | $53,145 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 14615 Compare?
| Metric | 14615 | Rochester | Rochester, NY | New York |
|---|---|---|---|---|
| Home Value | $193,530 | $98,952 | N/A | $505,608 |
| 5-Year CAGR | 6.5% | 7.0% | N/A | 6.6% |
| Avg Rent | $1,292 | $1,517 | N/A | - |
| Cap Rate | 5.2% | 5.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14615 (Rochester, 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 | $193,530 |
| Monthly Rent | $1,292 |
| Price-to-Rent | 12.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.0% |
| Cap Rate | 5.2% |
| 5-Year IRR | 11.7% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 3-Year CAGR | +7.2% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (5.2%). 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 14615
Population: 18,255
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 14615
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
AUTUMN LANE ELEMENTARY SCHOOL
HOLMES ROAD ELEMENTARY SCHOOL
LONGRIDGE SCHOOL
PINE BROOK ELEMENTARY SCHOOL
SCHOOL 34-DR LOUIS A CERULLI
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 is the investability score for Rochester, NY?
With a 3.0/5 investability score, Rochester, NY ranks as a solid market for rental property investors. Median prices of $194K and rents of $1,292/mo drive the underlying numbers.
Where do rents currently stand in Rochester, NY?
Expect rents around $1,292/mo per month in Rochester, NY. With home values at $194K, the yield math works out to reasonable levels for rental investors.
Is housing expensive in Rochester, NY?
Expect median prices around $194K in Rochester, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
How strong is tenant demand in Rochester, NY?
Expect a solid tenant pool in Rochester, NY. The rental market absorbs $1,292/mo rents without meaningful friction.
How tight is the rental market in Rochester, NY?
Vacancy in Rochester, NY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,292/mo.
You know 14615 now. You don’t know where it ranks.
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How 14615 ranks in Rochester, NY
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