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

Richfield Springs, NY has a median modeled monthly cash flow of $-620 and a median cap rate of 2.9%, on a median sold price of $253,600. Prices changed +3.8% year over year.

What is the average cap rate in Richfield Springs, NY?

The median cap rate across recently sold homes in Richfield Springs, NY is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Richfield Springs, NY?

The median sold price in Richfield Springs, NY is $253,600 (about $124 per square foot).

Investing in Richfield Springs, NY Real Estate

A data-driven snapshot of the Richfield Springs, 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.

$253,600Median sold price

$124Median $/sqft

2.9%Median cap rate

$-620Modeled cash flow / mo

+3.8%Appreciation YoY

11.1Months of supply

35Active listings

38Sold (last 12 mo)

What the Richfield Springs numbers say

In Richfield Springs, NY, the median home sold for $253,600 (about $124 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-620 of monthly cash flow. Sold prices moved +3.8% over the past year. Inventory sits at about 11.1 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 Richfield Springs cash-flowing listings

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