Penfield, NY Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Penfield, NY. Based on 10+ datapoints.
Penfield, NY Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.9%
Avg Cash on Cash
-10.4%
Median Cashflow
-$454/mo
Avg Rent Estimate
$2,857/mo
Avg Price
$419,069
Price Range
$225K – $700K
approximate
Rent to Price
0.68%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Penfield, NY
Penfield, NY is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.9%, 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 Penfield, NY is -$454 with average rents of $2,857/month. Properties are priced about $225,000 to $700,000, offering entry points across multiple investment budgets.
Penfield, NY Rental Market Insights
- Median cashflow is -$454/month — careful deal selection is essential here
- 4.9% median cap rate is typical of appreciation-focused markets
- At 0% positive cashflow rate, Penfield, NY requires selective property picks
- Mid-to-upper tier market with properties priced about $225,000 to $700,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs