Is Lake Erie Beach, NY a good place to invest in rental property?

Lake Erie Beach, NY has a median modeled monthly cash flow of $-747 and a median cap rate of 3.1%, on a median sold price of $211,050. Prices changed +21.8% year over year.

What is the average cap rate in Lake Erie Beach, NY?

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

What is the median home price in Lake Erie Beach, NY?

The median sold price in Lake Erie Beach, NY is $211,050 (about $173 per square foot).

Investing in Lake Erie Beach, NY Real Estate

A data-driven snapshot of the Lake Erie Beach, 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.

$211,050Median sold price

$173Median $/sqft

3.1%Median cap rate

$-747Modeled cash flow / mo

+21.8%Appreciation YoY

10.9Months of supply

51Active listings

56Sold (last 12 mo)

What the Lake Erie Beach numbers say

In Lake Erie Beach, NY, the median home sold for $211,050 (about $173 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-747 of monthly cash flow. Sold prices moved +21.8% over the past year. Inventory sits at about 10.9 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 Lake Erie Beach cash-flowing listings

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