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

Corning, NY has a median modeled monthly cash flow of $225 and a median cap rate of 8.0%, on a median sold price of $179,500. Prices changed +9.3% year over year.

What is the average cap rate in Corning, NY?

The median cap rate across recently sold homes in Corning, NY is 8.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Corning, NY?

The median sold price in Corning, NY is $179,500 (about $106 per square foot).

Investing in Corning, NY Real Estate

#140 cash-flow market in the U.S.

A data-driven snapshot of the Corning, 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.

$179,500Median sold price

$106Median $/sqft

8.0%Median cap rate

$225Modeled cash flow / mo

+9.3%Appreciation YoY

6.9Months of supply

93Active listings

162Sold (last 12 mo)

What the Corning numbers say

In Corning, NY, the median home sold for $179,500 (about $106 per square foot), and the typical deal models out to a 8.0% cap rate with a median $225 of monthly cash flow. Sold prices moved +9.3% 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 Corning cash-flowing listings

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