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

Elmont, NY has a median modeled monthly cash flow of $-2,021 and a median cap rate of 3.0%, on a median sold price of $749,500. Prices changed +8.0% year over year.

What is the average cap rate in Elmont, NY?

The median cap rate across recently sold homes in Elmont, NY is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elmont, NY?

The median sold price in Elmont, NY is $749,500 (about $526 per square foot).

Investing in Elmont, NY Real Estate

A data-driven snapshot of the Elmont, 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.

$749,500Median sold price

$526Median $/sqft

3.0%Median cap rate

$-2,021Modeled cash flow / mo

+8.0%Appreciation YoY

13.4Months of supply

168Active listings

150Sold (last 12 mo)

What the Elmont numbers say

In Elmont, NY, the median home sold for $749,500 (about $526 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-2,021 of monthly cash flow. Sold prices moved +8.0% over the past year. Inventory sits at about 13.4 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 Elmont cash-flowing listings

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