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

Springs, NY has a median modeled monthly cash flow of $6,923 and a median cap rate of 11.1%, on a median sold price of $1,562,500. Prices changed +8.8% year over year.

What is the average cap rate in Springs, NY?

The median cap rate across recently sold homes in Springs, NY is 11.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Springs, NY?

The median sold price in Springs, NY is $1,562,500 (about $862 per square foot).

Investing in Springs, NY Real Estate

#4 cash-flow market in the U.S.

A data-driven snapshot of the Springs, 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.

$1,562,500Median sold price

$862Median $/sqft

11.1%Median cap rate

$6,923Modeled cash flow / mo

+8.8%Appreciation YoY

11.0Months of supply

44Active listings

48Sold (last 12 mo)

What the Springs numbers say

In Springs, NY, the median home sold for $1,562,500 (about $862 per square foot), and the typical deal models out to a 11.1% cap rate with a median $6,923 of monthly cash flow. Sold prices moved +8.8% over the past year. Inventory sits at about 11.0 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 Springs cash-flowing listings

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