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

Islip Terrace, NY has a median modeled monthly cash flow of $-1,819 and a median cap rate of 3.1%, on a median sold price of $635,000. Prices changed +1.5% year over year.

What is the average cap rate in Islip Terrace, NY?

The median cap rate across recently sold homes in Islip Terrace, NY is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Islip Terrace, NY?

The median sold price in Islip Terrace, NY is $635,000 (about $419 per square foot).

Investing in Islip Terrace, NY Real Estate

A data-driven snapshot of the Islip Terrace, 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.

$635,000Median sold price

$419Median $/sqft

3.1%Median cap rate

$-1,819Modeled cash flow / mo

+1.5%Appreciation YoY

8.1Months of supply

21Active listings

31Sold (last 12 mo)

What the Islip Terrace numbers say

In Islip Terrace, NY, the median home sold for $635,000 (about $419 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,819 of monthly cash flow. Sold prices moved +1.5% over the past year. Inventory sits at about 8.1 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 Islip Terrace cash-flowing listings

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