| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 27th | Poor |
| Demographics | 32nd | Poor |
| Amenities | 21st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 47 John St, Clyde, NY, 14433, US |
| Region / Metro | Clyde |
| Year of Construction | 1975 |
| Units | 29 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
47 John St Clyde NY Multifamily Investment
Neighborhood occupancy has tracked above the Rochester metro median with comparatively low rent-to-income levels that support retention, according to WDSuite’s CRE market data. This positions the asset for steady cash flow in an owner-leaning area where pricing remains accessible for renters.
Located in a rural neighborhood of the Rochester, NY metro, the immediate area shows stable renter demand and occupancy above the metro median, per WDSuite’s CRE market data. Restaurants and grocery options are competitive versus national peers, while parks, pharmacies, and cafes are thinner, suggesting convenience for daily needs but fewer lifestyle amenities.
At the neighborhood level, rents sit on the lower end of the metro and nationally, and the estimated rent-to-income ratio is favorable for lease retention. Median home values are comparatively low for the region, which can introduce some competition with ownership; however, accessible rental pricing helps sustain a durable tenant base and manageable turnover for multifamily operators.
Within a 3-mile radius, demographics indicate modest population growth recently alongside a notable increase in households and smaller average household sizes—factors that expand the renter pool for studios and smaller formats and can support occupancy stability. Forward-looking projections in WDSuite point to continued population growth and rising incomes, which can underpin gradual rent growth while keeping affordability in focus.
The average neighborhood building stock skews older, while the subject property’s 1975 vintage is newer than much of the surrounding inventory. That positioning can be a competitive advantage versus prewar assets, though investors should still plan for aging systems and targeted modernization to capture value-add upside. School quality benchmarks trail national norms, which may temper some family-driven demand, but workforce-oriented renter segments remain the primary draw.
Neighborhood-level crime metrics are not available in this dataset, so direct comparisons within the Rochester metro are limited. Investors typically pair WDSuite’s market context with local public safety reports and property-level measures (lighting, access control, and management practices) to evaluate risk and support resident retention.
Given the rural setting, underwriting should consider broader community trends and on-the-ground indicators rather than block-level assumptions. Monitoring historical tenancy, incident reporting from local authorities, and neighboring property operations can help calibrate expectations for leasing stability.
Regional employers within a commutable radius help anchor renter demand, particularly for workforce households. Nearby concentrations include life sciences, document technology, beverage manufacturing, packaging, and payroll/HR services.
- Thermo Fisher Scientific — life sciences (25.9 miles)
- Xerox Corporation — document technology (28.5 miles)
- Constellation Brands — beverage alcohol (29.6 miles) — HQ
- WestRock — packaging (34.0 miles)
- ADP Syracuse — payroll and HR services (34.8 miles)
47 John St is a 29-unit, 1975-vintage asset positioned in an owner-leaning pocket of the Rochester, NY metro where neighborhood occupancy has been above the metro median and rents remain comparatively accessible. Based on CRE market data from WDSuite, the area’s lower rent levels and favorable rent-to-income dynamics support tenant retention and predictable collections, while the property’s newer-than-average vintage versus local stock offers a platform for targeted renovations to enhance competitiveness.
Within a 3-mile radius, recent increases in household counts alongside smaller average household sizes point to a deeper pool for rental housing, particularly smaller formats, supporting leasing stability. Counterbalancing factors include limited lifestyle amenities, below-average school benchmarks, and potential competition from comparatively low home values—risks that can be managed through value-add execution, attention to operational quality, and prudent rent positioning.
- Occupancy above the metro median with favorable rent-to-income supports steady retention
- 1975 vintage is newer than much of the area, with clear value-add and modernization potential
- Household growth and smaller household sizes within 3 miles expand the renter pool
- Accessible rent levels enable pricing flexibility relative to regional peers
- Risks: limited amenities, lower school ratings, owner-leaning tenure, and capex for aging systems