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

White Plains, NY has a median modeled monthly cash flow of $-1,120 and a median cap rate of 4.3%, on a median sold price of $619,000. Prices changed +3.0% year over year.

What is the average cap rate in White Plains, NY?

The median cap rate across recently sold homes in White Plains, NY is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in White Plains, NY?

The median sold price in White Plains, NY is $619,000 (about $417 per square foot).

Investing in White Plains, NY Real Estate

A data-driven snapshot of the White Plains, 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.

$619,000Median sold price

$417Median $/sqft

4.3%Median cap rate

$-1,120Modeled cash flow / mo

+3.0%Appreciation YoY

9.5Months of supply

510Active listings

644Sold (last 12 mo)

What the White Plains numbers say

In White Plains, NY, the median home sold for $619,000 (about $417 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-1,120 of monthly cash flow. Sold prices moved +3.0% over the past year. Inventory sits at about 9.5 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 4 fix-and-flip deals in White Plains — listings where the estimated after-repair value beats list price + rehab.

Other New York markets to compare

See White Plains cash-flowing listings

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