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 10+ datapoints.
Grand Island, NY Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.4%
Avg Cash on Cash
-9.2%
Median Cashflow
-$704/mo
Avg Rent Estimate
$2,905/mo
Avg Price
$406,450
Price Range
$238,300 - $589,900
Rent to Price
0.71%
low ratio
Positive Cashflow
20%
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 4.4%, 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 Grand Island, NY is -$704 with average rents of $2,905/month. Properties range from $238,300 to $589,900, offering entry points across multiple investment budgets.
Grand Island, NY Rental Market Insights
- •Median cashflow is -$704/month — careful deal selection is essential here
- •4.4% median cap rate is typical of appreciation-focused markets
- •At 20% positive cashflow rate, Grand Island, NY requires selective property picks
- •Mid-to-upper tier market with properties from $238,300 to $589,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs