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

South Farmingdale, NY has a median modeled monthly cash flow of $-2,299 and a median cap rate of 2.7%, on a median sold price of $800,000. Prices changed +9.3% year over year.

What is the average cap rate in South Farmingdale, NY?

The median cap rate across recently sold homes in South Farmingdale, NY is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in South Farmingdale, NY?

The median sold price in South Farmingdale, NY is $800,000 (about $539 per square foot).

Investing in South Farmingdale, NY Real Estate

A data-driven snapshot of the South Farmingdale, 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.

$800,000Median sold price

$539Median $/sqft

2.7%Median cap rate

$-2,299Modeled cash flow / mo

+9.3%Appreciation YoY

12.2Months of supply

112Active listings

110Sold (last 12 mo)

What the South Farmingdale numbers say

In South Farmingdale, NY, the median home sold for $800,000 (about $539 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-2,299 of monthly cash flow. Sold prices moved +9.3% over the past year. Inventory sits at about 12.2 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 South Farmingdale cash-flowing listings

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