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

Pelham, NY has a median modeled monthly cash flow of $-6,033 and a median cap rate of 0.5%, on a median sold price of $1,380,000. Prices changed +5.6% year over year.

What is the average cap rate in Pelham, NY?

The median cap rate across recently sold homes in Pelham, NY is 0.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Pelham, NY?

The median sold price in Pelham, NY is $1,380,000 (about $603 per square foot).

Investing in Pelham, NY Real Estate

A data-driven snapshot of the Pelham, 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.

$1,380,000Median sold price

$603Median $/sqft

0.5%Median cap rate

$-6,033Modeled cash flow / mo

+5.6%Appreciation YoY

9.8Months of supply

40Active listings

49Sold (last 12 mo)

What the Pelham numbers say

In Pelham, NY, the median home sold for $1,380,000 (about $603 per square foot), and the typical deal models out to a 0.5% cap rate with a median $-6,033 of monthly cash flow. Sold prices moved +5.6% over the past year. Inventory sits at about 9.8 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 Pelham cash-flowing listings

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