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

Ronkonkoma, NY has a median modeled monthly cash flow of $-1,345 and a median cap rate of 3.6%, on a median sold price of $622,500. Prices changed +8.4% year over year.

What is the average cap rate in Ronkonkoma, NY?

The median cap rate across recently sold homes in Ronkonkoma, NY is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ronkonkoma, NY?

The median sold price in Ronkonkoma, NY is $622,500 (about $404 per square foot).

Investing in Ronkonkoma, NY Real Estate

A data-driven snapshot of the Ronkonkoma, 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.

$622,500Median sold price

$404Median $/sqft

3.6%Median cap rate

$-1,345Modeled cash flow / mo

+8.4%Appreciation YoY

5.2Months of supply

67Active listings

154Sold (last 12 mo)

What the Ronkonkoma numbers say

In Ronkonkoma, NY, the median home sold for $622,500 (about $404 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-1,345 of monthly cash flow. Sold prices moved +8.4% over the past year. Inventory sits at about 5.2 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 Ronkonkoma cash-flowing listings

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