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

Manchester, NY has a median modeled monthly cash flow of $-229 and a median cap rate of 4.9%, on a median sold price of $196,250. Prices changed -11.2% year over year.

What is the average cap rate in Manchester, NY?

The median cap rate across recently sold homes in Manchester, NY is 4.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Manchester, NY?

The median sold price in Manchester, NY is $196,250 (about $127 per square foot).

Investing in Manchester, NY Real Estate

A data-driven snapshot of the Manchester, 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.

$196,250Median sold price

$127Median $/sqft

4.9%Median cap rate

$-229Modeled cash flow / mo

-11.2%Appreciation YoY

6.4Months of supply

17Active listings

32Sold (last 12 mo)

What the Manchester numbers say

In Manchester, NY, the median home sold for $196,250 (about $127 per square foot), and the typical deal models out to a 4.9% cap rate with a median $-229 of monthly cash flow. Sold prices moved -11.2% over the past year. Inventory sits at about 6.4 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 Manchester cash-flowing listings

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