Real Estate Investing in Kennedy, New York (14747)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14747 (Kennedy, 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.
- High vacancy: 17.3% 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 Kennedy, NY (14747)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14747 Kennedy
The 14747 ZIP covers a section of Kennedy that demands careful diligence. Prices near $157K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 14747 can be a a viable market for hunting ground — but the discount at $157K reflects genuine risk that outside investors often underestimate.
Within NY, ZIP 14747 trails on several market indicators that neighboring Chautauqua County submarkets outperform. The gap is real and healthy enough to shape underwriting.
Who lives in 14747 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Kennedy's stable or hybrid ZIPs before stepping into 14747. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Kennedy:
Property Strategy for 14747
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $139,252 | $970 | 5.0% | +8.1% | $69,626 |
| 3BR | $168,461 | $1,280 | 5.5% | +8.0% | $56,154 |
| 4BR | $158,876 | $1,290 | 5.8% | +8.2% | $39,719 |
Market Trends
Home Value History (with trend line)
📊 How Does 14747 Compare?
| Metric | 14747 | Kennedy | Jamestown-Dunkirk-Fredonia, NY | New York |
|---|---|---|---|---|
| Home Value | $156,901 | $156,901 | N/A | $505,608 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 6.6% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
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 14747 (Kennedy, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $156,901 |
| Monthly Rent | $873 |
| Price-to-Rent | 15.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.3% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 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 (4.3%). 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 14747
Population: 2,035
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 14747
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 626 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the investability score for Kennedy, NY?
With a 3.0/5 investability score, Kennedy, NY ranks as a solid market for rental property investors. Median prices of $157K and rents of $873/mo drive the underlying numbers.
What approach is best for Kennedy, NY real estate?
For Kennedy, NY, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What is the rental occupancy rate in Kennedy, NY?
Expect elevated vacancy in Kennedy, NY. Rents at $873/mo are absorbed by the tenant base without meaningful lag.
How viable is house hacking in Kennedy, NY?
Kennedy, NY offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $873/mo rent level.
Are rents high in Kennedy, NY?
Average rent in Kennedy, NY is approximately $873/mo per month. Against $157K home values that yields a reasonable rent-to-price ratio.
You know 14747 now. You don’t know where it ranks.
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How 14747 ranks in Jamestown-Dunkirk-Fredonia, NY
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