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

Jericho, NY has a median modeled monthly cash flow of $-4,997 and a median cap rate of 1.7%, on a median sold price of $1,235,000. Prices changed +11.5% year over year.

What is the average cap rate in Jericho, NY?

The median cap rate across recently sold homes in Jericho, NY is 1.7%, 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 $1,235,000 (about $590 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.

$1,235,000Median sold price

$590Median $/sqft

1.7%Median cap rate

$-4,997Modeled cash flow / mo

+11.5%Appreciation YoY

15.6Months of supply

162Active listings

125Sold (last 12 mo)

What the Jericho numbers say

In Jericho, NY, the median home sold for $1,235,000 (about $590 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-4,997 of monthly cash flow. Sold prices moved +11.5% over the past year. Inventory sits at about 15.6 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 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.