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

Mount Sinai, NY has a median modeled monthly cash flow of $-3,006 and a median cap rate of 1.8%, on a median sold price of $772,500. Prices changed +3.9% year over year.

What is the average cap rate in Mount Sinai, NY?

The median cap rate across recently sold homes in Mount Sinai, NY is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mount Sinai, NY?

The median sold price in Mount Sinai, NY is $772,500 (about $345 per square foot).

Investing in Mount Sinai, NY Real Estate

A data-driven snapshot of the Mount Sinai, 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.

$772,500Median sold price

$345Median $/sqft

1.8%Median cap rate

$-3,006Modeled cash flow / mo

+3.9%Appreciation YoY

7.4Months of supply

76Active listings

124Sold (last 12 mo)

What the Mount Sinai numbers say

In Mount Sinai, NY, the median home sold for $772,500 (about $345 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-3,006 of monthly cash flow. Sold prices moved +3.9% over the past year. Inventory sits at about 7.4 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 Mount Sinai cash-flowing listings

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