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

Otisville, NY has a median modeled monthly cash flow of $-1,694 and a median cap rate of 2.3%, on a median sold price of $438,000. Prices changed +9.8% year over year.

What is the average cap rate in Otisville, NY?

The median cap rate across recently sold homes in Otisville, NY is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Otisville, NY?

The median sold price in Otisville, NY is $438,000 (about $264 per square foot).

Investing in Otisville, NY Real Estate

A data-driven snapshot of the Otisville, 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.

$438,000Median sold price

$264Median $/sqft

2.3%Median cap rate

$-1,694Modeled cash flow / mo

+9.8%Appreciation YoY

15.7Months of supply

47Active listings

36Sold (last 12 mo)

What the Otisville numbers say

In Otisville, NY, the median home sold for $438,000 (about $264 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-1,694 of monthly cash flow. Sold prices moved +9.8% over the past year. Inventory sits at about 15.7 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 Otisville cash-flowing listings

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