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

Wilmington, NY has a median modeled monthly cash flow of $-2,109 and a median cap rate of 1.1%, on a median sold price of $400,000. Prices changed +29.8% year over year.

What is the average cap rate in Wilmington, NY?

The median cap rate across recently sold homes in Wilmington, NY is 1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wilmington, NY?

The median sold price in Wilmington, NY is $400,000 (about $314 per square foot).

Investing in Wilmington, NY Real Estate

A data-driven snapshot of the Wilmington, 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.

$400,000Median sold price

$314Median $/sqft

1.1%Median cap rate

$-2,109Modeled cash flow / mo

+29.8%Appreciation YoY

14.0Months of supply

57Active listings

49Sold (last 12 mo)

What the Wilmington numbers say

In Wilmington, NY, the median home sold for $400,000 (about $314 per square foot), and the typical deal models out to a 1.1% cap rate with a median $-2,109 of monthly cash flow. Sold prices moved +29.8% over the past year. Inventory sits at about 14.0 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 Wilmington cash-flowing listings

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