Real Estate Investing in Rochester, New York (14624)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14624 (Rochester, NY)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Rochester, NY (14624)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14624 Rochester
The 14624 ZIP covers a section of Rochester that demands careful diligence. Prices near $279K look accessible, but the work to make a deal cash flow is real.
Rent of $1,613/mo on a $279K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 14624 sits below the stated 0.0% once reality is priced in.
ZIP 14624's metrics run below Monroe County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 14624 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Distressed ZIPs reward experience. resilient returns are possible in 14624, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Rochester:
Property Strategy for 14624
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $199,285 | $1,770 | 6.4% | +9.1% | $99,642 |
| 3BR | $247,698 | $2,130 | 6.2% | +9.3% | $82,566 |
| 4BR | $286,918 | $2,340 | 5.9% | +9.2% | $71,730 |
| 5BR | $316,006 | — | — | +9.2% | $63,201 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 14624 Compare?
| Metric | 14624 | Rochester | Rochester, NY | New York |
|---|---|---|---|---|
| Home Value | $279,174 | $98,952 | N/A | $505,608 |
| 5-Year CAGR | 8.7% | 7.0% | N/A | 6.6% |
| Avg Rent | $1,613 | $1,517 | N/A | - |
| Cap Rate | 4.5% | 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 14624 (Rochester, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 14624 (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 | $279,174 |
| Monthly Rent | $1,613 |
| Price-to-Rent | 14.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 13.2% |
📈 Home Appreciation
| 1-Year | +10.7% ▲ |
| 3-Year CAGR | +7.8% ▲ |
| 5-Year CAGR | +8.7% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 Rent Trends
| 1-Year | -14.9% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). 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 14624
Population: 38,834
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 14624
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 2,149 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do rents currently stand in Rochester, NY?
Investors in Rochester, NY typically see rents near $1,613/mo per month against $279K home values - a solid setup for rental cash flow.
What is the rental occupancy rate in Rochester, NY?
Occupancy in Rochester, NY runs consistent with elevated vacancy. Well-priced units at $1,613/mo lease on reasonable timelines.
Is Rochester, NY a good place for real estate investing?
Rochester, NY shows an investability rating of 3.0/5, with median home values near $279K and average rents around $1,613/mo. That combination puts it in the solid tier for investor interest.
Does house hacking make sense in Rochester, NY?
House hacking works a challenging in Rochester, NY. Rents of $1,613/mo against $279K acquisition make the strategy solid for owner-occupants.
Which investment style suits Rochester, NY?
Investors usually favor careful cash-flow rentals with hands-on management in Rochester, NY. With home values at $279K and rents near $1,613/mo, other strategies can work but produce even-keeled rather than outsized returns.
You know 14624 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 14624 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 14624 ranks in Rochester, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 14624 (Rochester)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 14624 (Rochester, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.