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

Patterson, NY has a median modeled monthly cash flow of $-1,026 and a median cap rate of 4.2%, on a median sold price of $592,500. Prices changed -6.1% year over year.

What is the average cap rate in Patterson, NY?

The median cap rate across recently sold homes in Patterson, NY is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Patterson, NY?

The median sold price in Patterson, NY is $592,500 (about $224 per square foot).

Investing in Patterson, NY Real Estate

A data-driven snapshot of the Patterson, 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.

$592,500Median sold price

$224Median $/sqft

4.2%Median cap rate

$-1,026Modeled cash flow / mo

-6.1%Appreciation YoY

7.0Months of supply

29Active listings

50Sold (last 12 mo)

What the Patterson numbers say

In Patterson, NY, the median home sold for $592,500 (about $224 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-1,026 of monthly cash flow. Sold prices moved -6.1% over the past year. Inventory sits at about 7.0 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 Patterson cash-flowing listings

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