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

Carthage, NY has a median modeled monthly cash flow of $-113 and a median cap rate of 5.5%, on a median sold price of $175,000. Prices changed +0.0% year over year.

What is the average cap rate in Carthage, NY?

The median cap rate across recently sold homes in Carthage, NY is 5.5%, 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 $175,000 (about $112 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.

$175,000Median sold price

$112Median $/sqft

5.5%Median cap rate

$-113Modeled cash flow / mo

+0.0%Appreciation YoY

6.9Months of supply

44Active listings

76Sold (last 12 mo)

What the Carthage numbers say

In Carthage, NY, the median home sold for $175,000 (about $112 per square foot), and the typical deal models out to a 5.5% cap rate with a median $-113 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 6.9 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 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.