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

Lancaster, NY has a median modeled monthly cash flow of $-986 and a median cap rate of 2.9%, on a median sold price of $325,000. Prices changed +7.1% year over year.

What is the average cap rate in Lancaster, NY?

The median cap rate across recently sold homes in Lancaster, NY is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lancaster, NY?

The median sold price in Lancaster, NY is $325,000 (about $226 per square foot).

Investing in Lancaster, NY Real Estate

A data-driven snapshot of the Lancaster, 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.

$325,000Median sold price

$226Median $/sqft

2.9%Median cap rate

$-986Modeled cash flow / mo

+7.1%Appreciation YoY

4.7Months of supply

89Active listings

229Sold (last 12 mo)

What the Lancaster numbers say

In Lancaster, NY, the median home sold for $325,000 (about $226 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-986 of monthly cash flow. Sold prices moved +7.1% over the past year. Inventory sits at about 4.7 months of supply. 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 Lancaster cash-flowing listings

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