Is Alden, NY a good place to invest in rental property?

Alden, NY has a median modeled monthly cash flow of $-817 and a median cap rate of 2.6%, on a median sold price of $299,950. Prices changed -5.1% year over year.

What is the average cap rate in Alden, NY?

The median cap rate across recently sold homes in Alden, NY is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Alden, NY?

The median sold price in Alden, NY is $299,950 (about $194 per square foot).

Investing in Alden, NY Real Estate

A data-driven snapshot of the Alden, NY rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$299,950Median sold price

$194Median $/sqft

2.6%Median cap rate

$-817Modeled cash flow / mo

-5.1%Appreciation YoY

6.2Months of supply

28Active listings

54Sold (last 12 mo)

What the Alden numbers say

In Alden, NY, the median home sold for $299,950 (about $194 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-817 of monthly cash flow. Sold prices moved -5.1% over the past year. Inventory sits at about 6.2 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New York markets to compare

See Alden cash-flowing listings

CashFlowRE ranks every for-sale home in Alden, NY by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Alden deals, or browse the national market data.