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

Florida, NY has a median modeled monthly cash flow of $-1,594 and a median cap rate of 1.7%, on a median sold price of $492,500. Prices changed +26.3% year over year.

What is the average cap rate in Florida, NY?

The median cap rate across recently sold homes in Florida, NY is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Florida, NY?

The median sold price in Florida, NY is $492,500 (about $278 per square foot).

Investing in Florida, NY Real Estate

A data-driven snapshot of the Florida, 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.

$492,500Median sold price

$278Median $/sqft

1.7%Median cap rate

$-1,594Modeled cash flow / mo

+26.3%Appreciation YoY

11.0Months of supply

46Active listings

50Sold (last 12 mo)

What the Florida numbers say

In Florida, NY, the median home sold for $492,500 (about $278 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-1,594 of monthly cash flow. Sold prices moved +26.3% over the past year. Inventory sits at about 11.0 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 Florida cash-flowing listings

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