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

Wappingers Falls, NY has a median modeled monthly cash flow of $-1,025 and a median cap rate of 3.5%, on a median sold price of $405,000. Prices changed +3.3% year over year.

What is the average cap rate in Wappingers Falls, NY?

The median cap rate across recently sold homes in Wappingers Falls, NY is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wappingers Falls, NY?

The median sold price in Wappingers Falls, NY is $405,000 (about $254 per square foot).

Investing in Wappingers Falls, NY Real Estate

A data-driven snapshot of the Wappingers Falls, 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.

$405,000Median sold price

$254Median $/sqft

3.5%Median cap rate

$-1,025Modeled cash flow / mo

+3.3%Appreciation YoY

8.3Months of supply

51Active listings

74Sold (last 12 mo)

What the Wappingers Falls numbers say

In Wappingers Falls, NY, the median home sold for $405,000 (about $254 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-1,025 of monthly cash flow. Sold prices moved +3.3% over the past year. Inventory sits at about 8.3 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 Wappingers Falls cash-flowing listings

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