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

Troy, NY has a median modeled monthly cash flow of $-191 and a median cap rate of 5.3%, on a median sold price of $253,000. Prices changed -0.7% year over year.

What is the average cap rate in Troy, NY?

The median cap rate across recently sold homes in Troy, NY is 5.3%, 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 $253,000 (about $139 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.

$253,000Median sold price

$139Median $/sqft

5.3%Median cap rate

$-191Modeled cash flow / mo

-0.7%Appreciation YoY

6.0Months of supply

262Active listings

525Sold (last 12 mo)

What the Troy numbers say

In Troy, NY, the median home sold for $253,000 (about $139 per square foot), and the typical deal models out to a 5.3% cap rate with a median $-191 of monthly cash flow. Sold prices moved -0.7% over the past year. Inventory sits at about 6.0 months of supply. 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 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.