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

Jericho, NY has a median modeled monthly cash flow of $-5,395 and a median cap rate of 1.4%, on a median sold price of $1,274,444. Prices changed +10.3% year over year.

What is the average cap rate in Jericho, NY?

The median cap rate across recently sold homes in Jericho, NY is 1.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Jericho, NY?

The median sold price in Jericho, NY is $1,274,444 (about $579 per square foot).

Investing in Jericho, NY Real Estate

A data-driven snapshot of the Jericho, 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.

$1,274,444Median sold price

$579Median $/sqft

1.4%Median cap rate

$-5,395Modeled cash flow / mo

+10.3%Appreciation YoY

9.4Months of supply

100Active listings

128Sold (last 12 mo)

What the Jericho numbers say

In Jericho, NY, the median home sold for $1,274,444 (about $579 per square foot), and the typical deal models out to a 1.4% cap rate with a median $-5,395 of monthly cash flow. Sold prices moved +10.3% over the past year. Inventory sits at about 9.4 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 Jericho cash-flowing listings

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