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

South Lansing, NY has a median modeled monthly cash flow of $-1,420 and a median cap rate of 2.2%, on a median sold price of $405,000. Prices changed +2.5% year over year.

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

The median cap rate across recently sold homes in South Lansing, NY is 2.2%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in South Lansing, NY is $405,000 (about $206 per square foot).

Investing in South Lansing, NY Real Estate

A data-driven snapshot of the South Lansing, 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.

$405,000Median sold price

$206Median $/sqft

2.2%Median cap rate

$-1,420Modeled cash flow / mo

+2.5%Appreciation YoY

7.8Months of supply

46Active listings

71Sold (last 12 mo)

What the South Lansing numbers say

In South Lansing, NY, the median home sold for $405,000 (about $206 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-1,420 of monthly cash flow. Sold prices moved +2.5% over the past year. Inventory sits at about 7.8 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 Lansing cash-flowing listings

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