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

Centereach, NY has a median modeled monthly cash flow of $-1,229 and a median cap rate of 4.0%, on a median sold price of $645,000. Prices changed +14.1% year over year.

What is the average cap rate in Centereach, NY?

The median cap rate across recently sold homes in Centereach, NY is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Centereach, NY?

The median sold price in Centereach, NY is $645,000 (about $397 per square foot).

Investing in Centereach, NY Real Estate

A data-driven snapshot of the Centereach, 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.

$645,000Median sold price

$397Median $/sqft

4.0%Median cap rate

$-1,229Modeled cash flow / mo

+14.1%Appreciation YoY

9.9Months of supply

203Active listings

245Sold (last 12 mo)

What the Centereach numbers say

In Centereach, NY, the median home sold for $645,000 (about $397 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-1,229 of monthly cash flow. Sold prices moved +14.1% over the past year. Inventory sits at about 9.9 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 Centereach cash-flowing listings

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