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

Troy, NY has a median modeled monthly cash flow of $-201 and a median cap rate of 5.2%, on a median sold price of $265,000. Prices changed +1.4% year over year.

What is the average cap rate in Troy, NY?

The median cap rate across recently sold homes in Troy, NY is 5.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Troy, NY?

The median sold price in Troy, NY is $265,000 (about $150 per square foot).

Investing in Troy, NY Real Estate

A data-driven snapshot of the Troy, 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.

$265,000Median sold price

$150Median $/sqft

5.2%Median cap rate

$-201Modeled cash flow / mo

+1.4%Appreciation YoY

9.7Months of supply

474Active listings

587Sold (last 12 mo)

What the Troy numbers say

In Troy, NY, the median home sold for $265,000 (about $150 per square foot), and the typical deal models out to a 5.2% cap rate with a median $-201 of monthly cash flow. Sold prices moved +1.4% over the past year. Inventory sits at about 9.7 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.

🔨 See 7 fix-and-flip deals in Troy — listings where the estimated after-repair value beats list price + rehab.

Other New York markets to compare

See Troy cash-flowing listings

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