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

Central Islip, NY has a median modeled monthly cash flow of $-1,518 and a median cap rate of 3.1%, on a median sold price of $562,500. Prices changed +3.3% year over year.

What is the average cap rate in Central Islip, NY?

The median cap rate across recently sold homes in Central Islip, NY is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Central Islip, NY?

The median sold price in Central Islip, NY is $562,500 (about $377 per square foot).

Investing in Central Islip, NY Real Estate

A data-driven snapshot of the Central Islip, 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.

$562,500Median sold price

$377Median $/sqft

3.1%Median cap rate

$-1,518Modeled cash flow / mo

+3.3%Appreciation YoY

7.3Months of supply

120Active listings

196Sold (last 12 mo)

What the Central Islip numbers say

In Central Islip, NY, the median home sold for $562,500 (about $377 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,518 of monthly cash flow. Sold prices moved +3.3% over the past year. Inventory sits at about 7.3 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 Central Islip cash-flowing listings

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