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

Lansing, NY has a median modeled monthly cash flow of $-2,916 and a median cap rate of 0.9%, on a median sold price of $580,900. Prices changed +6.2% year over year.

What is the average cap rate in Lansing, NY?

The median cap rate across recently sold homes in Lansing, NY is 0.9%, 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 $580,900 (about $232 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.

$580,900Median sold price

$232Median $/sqft

0.9%Median cap rate

$-2,916Modeled cash flow / mo

+6.2%Appreciation YoY

6.7Months of supply

29Active listings

52Sold (last 12 mo)

What the Lansing numbers say

In Lansing, NY, the median home sold for $580,900 (about $232 per square foot), and the typical deal models out to a 0.9% cap rate with a median $-2,916 of monthly cash flow. Sold prices moved +6.2% over the past year. Inventory sits at about 6.7 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 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.