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

Lake Ronkonkoma, NY has a median modeled monthly cash flow of $-1,180 and a median cap rate of 4.0%, on a median sold price of $630,000. Prices changed +7.7% year over year.

What is the average cap rate in Lake Ronkonkoma, NY?

The median cap rate across recently sold homes in Lake Ronkonkoma, NY is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lake Ronkonkoma, NY?

The median sold price in Lake Ronkonkoma, NY is $630,000 (about $410 per square foot).

Investing in Lake Ronkonkoma, NY Real Estate

A data-driven snapshot of the Lake Ronkonkoma, 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.

$630,000Median sold price

$410Median $/sqft

4.0%Median cap rate

$-1,180Modeled cash flow / mo

+7.7%Appreciation YoY

13.2Months of supply

135Active listings

123Sold (last 12 mo)

What the Lake Ronkonkoma numbers say

In Lake Ronkonkoma, NY, the median home sold for $630,000 (about $410 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-1,180 of monthly cash flow. Sold prices moved +7.7% over the past year. Inventory sits at about 13.2 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 Ronkonkoma cash-flowing listings

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