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

Monroe, NY has a median modeled monthly cash flow of $-1,443 and a median cap rate of 3.2%, on a median sold price of $525,000. Prices changed -4.2% year over year.

What is the average cap rate in Monroe, NY?

The median cap rate across recently sold homes in Monroe, NY is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Monroe, NY?

The median sold price in Monroe, NY is $525,000 (about $275 per square foot).

Investing in Monroe, NY Real Estate

A data-driven snapshot of the Monroe, 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.

$525,000Median sold price

$275Median $/sqft

3.2%Median cap rate

$-1,443Modeled cash flow / mo

-4.2%Appreciation YoY

12.1Months of supply

87Active listings

86Sold (last 12 mo)

What the Monroe numbers say

In Monroe, NY, the median home sold for $525,000 (about $275 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-1,443 of monthly cash flow. Sold prices moved -4.2% 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 Monroe cash-flowing listings

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