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

Islandia, NY has a median modeled monthly cash flow of $-1,157 and a median cap rate of 3.2%, on a median sold price of $645,000. Prices changed -0.8% year over year.

What is the average cap rate in Islandia, NY?

The median cap rate across recently sold homes in Islandia, NY is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Islandia, NY?

The median sold price in Islandia, NY is $645,000 (about $386 per square foot).

Investing in Islandia, NY Real Estate

A data-driven snapshot of the Islandia, 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.

$645,000Median sold price

$386Median $/sqft

3.2%Median cap rate

$-1,157Modeled cash flow / mo

-0.8%Appreciation YoY

3.1Months of supply

13Active listings

50Sold (last 12 mo)

What the Islandia numbers say

In Islandia, NY, the median home sold for $645,000 (about $386 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-1,157 of monthly cash flow. Sold prices moved -0.8% over the past year. Inventory sits at about 3.1 months of supply — a tight, seller-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 Islandia cash-flowing listings

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