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

Long Beach, NY has a median modeled monthly cash flow of $-3,071 and a median cap rate of 2.1%, on a median sold price of $815,000. Prices changed -19.7% year over year.

What is the average cap rate in Long Beach, NY?

The median cap rate across recently sold homes in Long Beach, NY is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Long Beach, NY?

The median sold price in Long Beach, NY is $815,000 (about $584 per square foot).

Investing in Long Beach, NY Real Estate

A data-driven snapshot of the Long 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.

$815,000Median sold price

$584Median $/sqft

2.1%Median cap rate

$-3,071Modeled cash flow / mo

-19.7%Appreciation YoY

10.5Months of supply

289Active listings

331Sold (last 12 mo)

What the Long Beach numbers say

In Long Beach, NY, the median home sold for $815,000 (about $584 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-3,071 of monthly cash flow. Sold prices moved -19.7% over the past year. Inventory sits at about 10.5 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 Long Beach cash-flowing listings

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