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

Pelham Manor, NY has a median modeled monthly cash flow of $-5,311 and a median cap rate of 0.8%, on a median sold price of $1,455,000. Prices changed +6.0% year over year.

What is the average cap rate in Pelham Manor, NY?

The median cap rate across recently sold homes in Pelham Manor, NY is 0.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Pelham Manor, NY?

The median sold price in Pelham Manor, NY is $1,455,000 (about $577 per square foot).

Investing in Pelham Manor, NY Real Estate

A data-driven snapshot of the Pelham Manor, 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.

$1,455,000Median sold price

$577Median $/sqft

0.8%Median cap rate

$-5,311Modeled cash flow / mo

+6.0%Appreciation YoY

8.6Months of supply

49Active listings

68Sold (last 12 mo)

What the Pelham Manor numbers say

In Pelham Manor, NY, the median home sold for $1,455,000 (about $577 per square foot), and the typical deal models out to a 0.8% cap rate with a median $-5,311 of monthly cash flow. Sold prices moved +6.0% over the past year. Inventory sits at about 8.6 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 Manor cash-flowing listings

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