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

Troy, NY has a median modeled monthly cash flow of $-252 and a median cap rate of 5.0%, on a median sold price of $260,000. Prices changed +0.0% year over year.

What is the average cap rate in Troy, NY?

The median cap rate across recently sold homes in Troy, NY is 5.0%, 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 $260,000 (about $148 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.

$260,000Median sold price

$148Median $/sqft

5.0%Median cap rate

$-252Modeled cash flow / mo

+0.0%Appreciation YoY

7.6Months of supply

378Active listings

593Sold (last 12 mo)

What the Troy numbers say

In Troy, NY, the median home sold for $260,000 (about $148 per square foot), and the typical deal models out to a 5.0% cap rate with a median $-252 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 7.6 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 6 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.