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

Merrick, NY has a median modeled monthly cash flow of $-3,008 and a median cap rate of 2.4%, on a median sold price of $905,000. Prices changed +5.2% year over year.

What is the average cap rate in Merrick, NY?

The median cap rate across recently sold homes in Merrick, NY is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Merrick, NY?

The median sold price in Merrick, NY is $905,000 (about $484 per square foot).

Investing in Merrick, NY Real Estate

A data-driven snapshot of the Merrick, 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.

$905,000Median sold price

$484Median $/sqft

2.4%Median cap rate

$-3,008Modeled cash flow / mo

+5.2%Appreciation YoY

12.1Months of supply

184Active listings

183Sold (last 12 mo)

What the Merrick numbers say

In Merrick, NY, the median home sold for $905,000 (about $484 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-3,008 of monthly cash flow. Sold prices moved +5.2% over the past year. Inventory sits at about 12.1 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 Merrick cash-flowing listings

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