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

Mount Vernon, NY has a median modeled monthly cash flow of $-578 and a median cap rate of 5.3%, on a median sold price of $586,125. Prices changed -8.3% year over year.

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

The median cap rate across recently sold homes in Mount Vernon, NY is 5.3%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Mount Vernon, NY is $586,125 (about $253 per square foot).

Investing in Mount Vernon, NY Real Estate

A data-driven snapshot of the Mount Vernon, 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.

$586,125Median sold price

$253Median $/sqft

5.3%Median cap rate

$-578Modeled cash flow / mo

-8.3%Appreciation YoY

10.9Months of supply

287Active listings

316Sold (last 12 mo)

What the Mount Vernon numbers say

In Mount Vernon, NY, the median home sold for $586,125 (about $253 per square foot), and the typical deal models out to a 5.3% cap rate with a median $-578 of monthly cash flow. Sold prices moved -8.3% over the past year. Inventory sits at about 10.9 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 Vernon cash-flowing listings

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