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

Westfield, NY has a median modeled monthly cash flow of $-393 and a median cap rate of 3.5%, on a median sold price of $184,100. Prices changed +18.1% year over year.

What is the average cap rate in Westfield, NY?

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

What is the median home price in Westfield, NY?

The median sold price in Westfield, NY is $184,100 (about $128 per square foot).

Investing in Westfield, NY Real Estate

A data-driven snapshot of the Westfield, 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.

$184,100Median sold price

$128Median $/sqft

3.5%Median cap rate

$-393Modeled cash flow / mo

+18.1%Appreciation YoY

9.4Months of supply

36Active listings

46Sold (last 12 mo)

What the Westfield numbers say

In Westfield, NY, the median home sold for $184,100 (about $128 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-393 of monthly cash flow. Sold prices moved +18.1% over the past year. Inventory sits at about 9.4 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 Westfield cash-flowing listings

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