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

Clay, NY has a median modeled monthly cash flow of $-371 and a median cap rate of 4.9%, on a median sold price of $313,000. Prices changed +10.1% year over year.

What is the average cap rate in Clay, NY?

The median cap rate across recently sold homes in Clay, NY is 4.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Clay, NY?

The median sold price in Clay, NY is $313,000 (about $196 per square foot).

Investing in Clay, NY Real Estate

A data-driven snapshot of the Clay, 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.

$313,000Median sold price

$196Median $/sqft

4.9%Median cap rate

$-371Modeled cash flow / mo

+10.1%Appreciation YoY

7.9Months of supply

90Active listings

137Sold (last 12 mo)

What the Clay numbers say

In Clay, NY, the median home sold for $313,000 (about $196 per square foot), and the typical deal models out to a 4.9% cap rate with a median $-371 of monthly cash flow. Sold prices moved +10.1% over the past year. Inventory sits at about 7.9 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 Clay cash-flowing listings

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