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

Richmondville, NY has a median modeled monthly cash flow of $-830 and a median cap rate of 2.1%, on a median sold price of $222,840. Prices changed +40.4% year over year.

What is the average cap rate in Richmondville, NY?

The median cap rate across recently sold homes in Richmondville, NY is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Richmondville, NY?

The median sold price in Richmondville, NY is $222,840 (about $168 per square foot).

Investing in Richmondville, NY Real Estate

A data-driven snapshot of the Richmondville, 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.

$222,840Median sold price

$168Median $/sqft

2.1%Median cap rate

$-830Modeled cash flow / mo

+40.4%Appreciation YoY

8.5Months of supply

24Active listings

34Sold (last 12 mo)

What the Richmondville numbers say

In Richmondville, NY, the median home sold for $222,840 (about $168 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-830 of monthly cash flow. Sold prices moved +40.4% over the past year. Inventory sits at about 8.5 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 Richmondville cash-flowing listings

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