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

Jay, NY has a median modeled monthly cash flow of $-1,587 and a median cap rate of 1.3%, on a median sold price of $309,744. Prices changed -8.3% year over year.

What is the average cap rate in Jay, NY?

The median cap rate across recently sold homes in Jay, NY is 1.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Jay, NY?

The median sold price in Jay, NY is $309,744 (about $254 per square foot).

Investing in Jay, NY Real Estate

A data-driven snapshot of the Jay, 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.

$309,744Median sold price

$254Median $/sqft

1.3%Median cap rate

$-1,587Modeled cash flow / mo

-8.3%Appreciation YoY

14.6Months of supply

45Active listings

37Sold (last 12 mo)

What the Jay numbers say

In Jay, NY, the median home sold for $309,744 (about $254 per square foot), and the typical deal models out to a 1.3% cap rate with a median $-1,587 of monthly cash flow. Sold prices moved -8.3% over the past year. Inventory sits at about 14.6 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 Jay cash-flowing listings

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