Canandaigua, NY Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Canandaigua, NY. Based on 10+ datapoints.
Canandaigua, NY Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.1%
Avg Cash on Cash
-13.3%
Median Cashflow
-$750/mo
Avg Rent Estimate
$2,659/mo
Avg Price
$399,785
Price Range
$225K – $650K
approximate
Rent to Price
0.67%
low ratio
Positive Cashflow
8%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Canandaigua, NY
Canandaigua, NY is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.1%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Canandaigua, NY is -$750 with average rents of $2,659/month. Properties are priced about $225,000 to $650,000, offering entry points across multiple investment budgets.
1909 County Road 28, Canandaigua, NY 14424
Price
$434,900
Rent
$2,826
CachFlow
-$994
CoC
-13.06
4380 Bristol Cross Rd, Canandaigua, NY 14424
Price
$407,400
Rent
$2,616
CachFlow
-$831
CoC
-11.66
Canandaigua, NY Rental Market Insights
- Median cashflow is -$750/month — careful deal selection is essential here
- 4.1% median cap rate is typical of appreciation-focused markets
- At 8% positive cashflow rate, Canandaigua, NY requires selective property picks
- Mid-to-upper tier market with properties priced about $225,000 to $650,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs