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

Theresa, NY has a median modeled monthly cash flow of $-499 and a median cap rate of 3.8%, on a median sold price of $255,000. Prices changed +23.5% year over year.

What is the average cap rate in Theresa, NY?

The median cap rate across recently sold homes in Theresa, NY is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Theresa, NY?

The median sold price in Theresa, NY is $255,000 (about $166 per square foot).

Investing in Theresa, NY Real Estate

A data-driven snapshot of the Theresa, 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.

$255,000Median sold price

$166Median $/sqft

3.8%Median cap rate

$-499Modeled cash flow / mo

+23.5%Appreciation YoY

12.4Months of supply

34Active listings

33Sold (last 12 mo)

What the Theresa numbers say

In Theresa, NY, the median home sold for $255,000 (about $166 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-499 of monthly cash flow. Sold prices moved +23.5% over the past year. Inventory sits at about 12.4 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 Theresa cash-flowing listings

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