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

Carthage, NY has a median modeled monthly cash flow of $-485 and a median cap rate of 3.6%, on a median sold price of $209,000. Prices changed -2.9% year over year.

What is the average cap rate in Carthage, NY?

The median cap rate across recently sold homes in Carthage, NY is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Carthage, NY?

The median sold price in Carthage, NY is $209,000 (about $118 per square foot).

Investing in Carthage, NY Real Estate

A data-driven snapshot of the Carthage, 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.

$209,000Median sold price

$118Median $/sqft

3.6%Median cap rate

$-485Modeled cash flow / mo

-2.9%Appreciation YoY

12.8Months of supply

109Active listings

102Sold (last 12 mo)

What the Carthage numbers say

In Carthage, NY, the median home sold for $209,000 (about $118 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-485 of monthly cash flow. Sold prices moved -2.9% over the past year. Inventory sits at about 12.8 months of supply — a looser, buyer-friendly market. 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 Carthage cash-flowing listings

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