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

Otisville, NY has a median modeled monthly cash flow of $-1,601 and a median cap rate of 2.4%, on a median sold price of $455,000. Prices changed +3.0% year over year.

What is the average cap rate in Otisville, NY?

The median cap rate across recently sold homes in Otisville, NY is 2.4%, 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 $455,000 (about $240 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.

$455,000Median sold price

$240Median $/sqft

2.4%Median cap rate

$-1,601Modeled cash flow / mo

+3.0%Appreciation YoY

7.2Months of supply

63Active listings

105Sold (last 12 mo)

What the Otisville numbers say

In Otisville, NY, the median home sold for $455,000 (about $240 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,601 of monthly cash flow. Sold prices moved +3.0% over the past year. Inventory sits at about 7.2 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.