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

Wading River, NY has a median modeled monthly cash flow of $-899 and a median cap rate of 4.7%, on a median sold price of $755,000. Prices changed -0.5% year over year.

What is the average cap rate in Wading River, NY?

The median cap rate across recently sold homes in Wading River, NY is 4.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wading River, NY?

The median sold price in Wading River, NY is $755,000 (about $367 per square foot).

Investing in Wading River, NY Real Estate

A data-driven snapshot of the Wading River, 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.

$755,000Median sold price

$367Median $/sqft

4.7%Median cap rate

$-899Modeled cash flow / mo

-0.5%Appreciation YoY

10.3Months of supply

71Active listings

83Sold (last 12 mo)

What the Wading River numbers say

In Wading River, NY, the median home sold for $755,000 (about $367 per square foot), and the typical deal models out to a 4.7% cap rate with a median $-899 of monthly cash flow. Sold prices moved -0.5% over the past year. Inventory sits at about 10.3 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 Wading River cash-flowing listings

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