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

Rome, NY has a median modeled monthly cash flow of $-67 and a median cap rate of 5.9%, on a median sold price of $190,000. Prices changed +1.1% year over year.

What is the average cap rate in Rome, NY?

The median cap rate across recently sold homes in Rome, NY is 5.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Rome, NY?

The median sold price in Rome, NY is $190,000 (about $137 per square foot).

Investing in Rome, NY Real Estate

A data-driven snapshot of the Rome, 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.

$190,000Median sold price

$137Median $/sqft

5.9%Median cap rate

$-67Modeled cash flow / mo

+1.1%Appreciation YoY

14.7Months of supply

405Active listings

330Sold (last 12 mo)

What the Rome numbers say

In Rome, NY, the median home sold for $190,000 (about $137 per square foot), and the typical deal models out to a 5.9% cap rate with a median $-67 of monthly cash flow. Sold prices moved +1.1% over the past year. Inventory sits at about 14.7 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 Rome cash-flowing listings

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