Under $500K Investment Properties for Sale in Rochester, NY

Rochester, NY offers strong investment opportunities in properties under $500k, with abundant inventory providing entry points for cash-flowing rentals. The city's stable renter-occupied housing at around 45% supports consistent demand from its 211,000 residents. Average rents near $1,200 combined with 3-5% annual appreciation make it attractive for long-term holds. Cap rates averaging 7% and moderate cash flows position under-$500k deals well for value-add strategies. Economic anchors like universities and manufacturing drive sustained rental yields around 8%.