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

Tappan, NY has a median modeled monthly cash flow of $-2,365 and a median cap rate of 2.7%, on a median sold price of $780,000. Prices changed +3.3% year over year.

What is the average cap rate in Tappan, NY?

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

What is the median home price in Tappan, NY?

The median sold price in Tappan, NY is $780,000 (about $392 per square foot).

Investing in Tappan, NY Real Estate

A data-driven snapshot of the Tappan, 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.

$780,000Median sold price

$392Median $/sqft

2.7%Median cap rate

$-2,365Modeled cash flow / mo

+3.3%Appreciation YoY

11.0Months of supply

54Active listings

59Sold (last 12 mo)

What the Tappan numbers say

In Tappan, NY, the median home sold for $780,000 (about $392 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-2,365 of monthly cash flow. Sold prices moved +3.3% 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 Tappan cash-flowing listings

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