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

Fairmount, NY has a median modeled monthly cash flow of $-293 and a median cap rate of 5.0%, on a median sold price of $271,250. Prices changed +8.2% year over year.

What is the average cap rate in Fairmount, NY?

The median cap rate across recently sold homes in Fairmount, NY is 5.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Fairmount, NY?

The median sold price in Fairmount, NY is $271,250 (about $197 per square foot).

Investing in Fairmount, NY Real Estate

A data-driven snapshot of the Fairmount, 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.

$271,250Median sold price

$197Median $/sqft

5.0%Median cap rate

$-293Modeled cash flow / mo

+8.2%Appreciation YoY

12.4Months of supply

105Active listings

102Sold (last 12 mo)

What the Fairmount numbers say

In Fairmount, NY, the median home sold for $271,250 (about $197 per square foot), and the typical deal models out to a 5.0% cap rate with a median $-293 of monthly cash flow. Sold prices moved +8.2% over the past year. Inventory sits at about 12.4 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 Fairmount cash-flowing listings

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