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

Richmondville, NY has a median modeled monthly cash flow of $-809 and a median cap rate of 2.4%, on a median sold price of $219,950. Prices changed +9.7% year over year.

What is the average cap rate in Richmondville, NY?

The median cap rate across recently sold homes in Richmondville, NY is 2.4%, 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 $219,950 (about $187 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.

$219,950Median sold price

$187Median $/sqft

2.4%Median cap rate

$-809Modeled cash flow / mo

+9.7%Appreciation YoY

6.9Months of supply

23Active listings

40Sold (last 12 mo)

What the Richmondville numbers say

In Richmondville, NY, the median home sold for $219,950 (about $187 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-809 of monthly cash flow. Sold prices moved +9.7% over the past year. Inventory sits at about 6.9 months of supply. 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.