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

Binghamton University, NY has a median modeled monthly cash flow of $-640 and a median cap rate of 4.1%, on a median sold price of $307,550. Prices changed +6.9% year over year.

What is the average cap rate in Binghamton University, NY?

The median cap rate across recently sold homes in Binghamton University, NY is 4.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Binghamton University, NY?

The median sold price in Binghamton University, NY is $307,550 (about $146 per square foot).

Investing in Binghamton University, NY Real Estate

A data-driven snapshot of the Binghamton University, 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.

$307,550Median sold price

$146Median $/sqft

4.1%Median cap rate

$-640Modeled cash flow / mo

+6.9%Appreciation YoY

5.5Months of supply

33Active listings

72Sold (last 12 mo)

What the Binghamton University numbers say

In Binghamton University, NY, the median home sold for $307,550 (about $146 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-640 of monthly cash flow. Sold prices moved +6.9% over the past year. Inventory sits at about 5.5 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 Binghamton University cash-flowing listings

CashFlowRE ranks every for-sale home in Binghamton University, 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 Binghamton University deals, or browse the national market data.