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

Owego, NY has a median modeled monthly cash flow of $-174 and a median cap rate of 5.3%, on a median sold price of $183,333. Prices changed -1.4% year over year.

What is the average cap rate in Owego, NY?

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

What is the median home price in Owego, NY?

The median sold price in Owego, NY is $183,333 (about $106 per square foot).

Investing in Owego, NY Real Estate

A data-driven snapshot of the Owego, 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.

$183,333Median sold price

$106Median $/sqft

5.3%Median cap rate

$-174Modeled cash flow / mo

-1.4%Appreciation YoY

6.9Months of supply

59Active listings

103Sold (last 12 mo)

What the Owego numbers say

In Owego, NY, the median home sold for $183,333 (about $106 per square foot), and the typical deal models out to a 5.3% cap rate with a median $-174 of monthly cash flow. Sold prices moved -1.4% over the past year. Inventory sits at about 6.9 months of supply. 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 Owego cash-flowing listings

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