Troy, NY Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Troy, NY. Based on 20+ datapoints.
Troy, NY Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-7.6%
Median Cashflow
-$564/mo
Avg Rent Estimate
$2,334/mo
Avg Price
$331,008
Price Range
$119,000 - $563,300
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 Troy, NY
Troy, NY is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.3%, 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 20+ analyzed properties, the median monthly cashflow in Troy, NY is -$564 with average rents of $2,334/month. Properties range from $119,000 to $563,300, offering entry points across multiple investment budgets.
Troy, NY Rental Market Insights
- •Median cashflow is -$564/month — careful deal selection is essential here
- •4.3% median cap rate is typical of appreciation-focused markets
- •At 20% positive cashflow rate, Troy, NY requires selective property picks
- •Mid-to-upper tier market with properties from $119,000 to $563,300
- •Consider this market if your strategy favors equity growth with rental income covering holding costs