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

Lansing, NY has a median modeled monthly cash flow of $-1,335 and a median cap rate of 2.8%, on a median sold price of $427,500. Prices changed -6.8% year over year.

What is the average cap rate in Lansing, NY?

The median cap rate across recently sold homes in Lansing, NY is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lansing, NY?

The median sold price in Lansing, NY is $427,500 (about $214 per square foot).

Investing in Lansing, NY Real Estate

A data-driven snapshot of the Lansing, 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.

$427,500Median sold price

$214Median $/sqft

2.8%Median cap rate

$-1,335Modeled cash flow / mo

-6.8%Appreciation YoY

10.8Months of supply

54Active listings

60Sold (last 12 mo)

What the Lansing numbers say

In Lansing, NY, the median home sold for $427,500 (about $214 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,335 of monthly cash flow. Sold prices moved -6.8% over the past year. Inventory sits at about 10.8 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 Lansing cash-flowing listings

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