| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Best |
| Demographics | 42nd | Poor |
| Amenities | 8th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 55 Linhome Dr, West Henrietta, NY, 14586, US |
| Region / Metro | West Henrietta |
| Year of Construction | 1995 |
| Units | 21 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
55 Linhome Dr, West Henrietta Multifamily Investment
Moderate renter-occupied housing and steady neighborhood demand support leasing durability, according to WDSuite’s CRE market data. Proximity to Rochester job centers adds depth to the tenant base while offering operational consistency for a 1990s-vintage asset.
Situated in an Inner Suburb of Rochester, the neighborhood shows investor-friendly fundamentals with income-producing potential. Net operating income per unit ranks 7 out of 359 Rochester neighborhoods, which is competitive locally and in the top quartile nationally (87th percentile), based on CRE market data from WDSuite. By contrast, the overall neighborhood rating sits near the metro middle, indicating room for selective value creation through management and renovations.
Occupancy for the neighborhood is below the metro median (rank 275 of 359), so underwriting should emphasize leasing and retention execution. However, renter-occupied share ranks 70 of 359 (competitive among Rochester neighborhoods) and indicates a meaningful tenant base for multifamily. The median rent level is above many peer areas in the metro (75th national percentile), which supports revenue potential if operators manage affordability and renewal strategies carefully.
Within a 3-mile radius, population grew about 11% over the past five years and households increased roughly 10%, with forecasts pointing to further renter pool expansion through 2028. Median and mean household incomes within the same 3-mile radius have risen, and projected gains suggest additional capacity to absorb rent growth. These trends support occupancy stability and leasing velocity for well-managed units.
Home values in the neighborhood sit below many coastal markets and at a mid-range nationally. The value-to-income ratio is around the national mid-to-upper range, while the rent-to-income ratio is low relative to national benchmarks. For investors, this combination can support retention and reduce affordability pressure, though more accessible ownership options in the metro may create competition at certain price points. Amenities are thinner than core urban locations (amenity rank 246 of 359), so demand will be driven more by employment access and housing practicality than lifestyle convenience.
Safety metrics are mixed. Within the Rochester metro, the neighborhood ranks 53 out of 359 neighborhoods for overall crime, indicating higher incident levels than many local peers. Nationally, indicators are more favorable: property offense rates sit in a strong position (around the mid-80s percentile nationally), and violent offense levels are better than many neighborhoods nationwide (roughly low-70s percentile).
Trend signals are uneven: recent estimates show a year-over-year increase in violent incidents, while property offenses have edged down. Investors should underwrite to prudent security practices and tenant screening standards, and weigh these dynamics against the area’s employment access and income profile.
Nearby corporate offices contribute to a stable commuter tenant base, with concentrations in telecommunications, beverages, electrical distribution, and life sciences. These employers provide convenient access that can support leasing and retention for workforce-oriented units.
- Dish Network — telecommunications (2.2 miles)
- Constellation Brands, Inc. — beverages (7.4 miles)
- Wesco Distribution — electrical distribution (8.2 miles)
- Constellation Brands — beverages (12.0 miles) — HQ
- Thermo Fisher Scientific In Fairport Ny — life sciences supplier (15.4 miles)
Built in 1995, the property is newer than the neighborhood’s average vintage, offering relative competitiveness versus older stock while still leaving room for targeted modernization of interiors and building systems. Neighborhood-level occupancy registers below the metro median, but renter concentration is competitive among Rochester neighborhoods and median rents trend above many peers—factors that can support revenue if affordability and renewals are actively managed. According to CRE market data from WDSuite, NOI per unit performance in this area ranks among the metro’s strongest cohorts, signaling operational upside for capable operators.
Within a 3-mile radius, recent population and household growth—and forecasts for further renter pool expansion—reinforce demand durability. Home values and a low rent-to-income ratio imply manageable affordability pressure for renters, which can aid retention, while slightly more accessible ownership options in the metro create a need for disciplined pricing and amenity positioning.
- 1995 vintage offers a competitive position versus older local stock with selective value-add potential
- Competitive renter-occupied share and growing 3-mile tenant base support occupancy stability
- Above-peer rent levels and strong NOI-per-unit rankings present revenue optimization opportunities
- Workforce-oriented employer access underpins leasing and retention potential
- Risks: below-metro occupancy rank, amenity-light location, and uneven safety trends warrant conservative underwriting