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

Richfield Springs, NY has a median modeled monthly cash flow of $-424 and a median cap rate of 3.8%, on a median sold price of $155,000. Prices changed -15.3% 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 3.8%, 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 $155,000 (about $86 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.

$155,000Median sold price

$86Median $/sqft

3.8%Median cap rate

$-424Modeled cash flow / mo

-15.3%Appreciation YoY

11.2Months of supply

29Active listings

31Sold (last 12 mo)

What the Richfield Springs numbers say

In Richfield Springs, NY, the median home sold for $155,000 (about $86 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-424 of monthly cash flow. Sold prices moved -15.3% over the past year. Inventory sits at about 11.2 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.