Grand Island, NY Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Grand Island, NY. Based on 15+ datapoints.
Grand Island, NY Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
4.8%
Avg Cash on Cash
-7.8%
Median Cashflow
-$458/mo
Avg Rent Estimate
$2,646/mo
Avg Price
$379,311
Price Range
$251,200 - $589,900
Rent to Price
0.7%
low ratio
Positive Cashflow
12%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Grand Island, NY
Grand Island, NY is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.8%, 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 15+ analyzed properties, the median monthly cashflow in Grand Island, NY is -$458 with average rents of $2,646/month. Properties range from $251,200 to $589,900, offering entry points across multiple investment budgets.
10 Spicer Creek Run, Grand Island, NY 14072
Price
$482,800
Rent
$3,208
CachFlow
-$934
CoC
-11.05
Grand Island, NY Rental Market Insights
- •Median cashflow is -$458/month — careful deal selection is essential here
- •4.8% median cap rate is typical of appreciation-focused markets
- •At 12% positive cashflow rate, Grand Island, NY requires selective property picks
- •Mid-to-upper tier market with properties from $251,200 to $589,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs