VoucherMatch/RentalCalcs
Tools
My DealsPricingBlog
RentalCalcs

Professional real estate investment calculators to help you analyze deals faster and make confident investment decisions.

Part of VoucherMatch →

Product

  • Tools
  • Market Map
  • Section 8 Rents
  • Investor Tax Tools
  • Pricing
  • Compare Calculators
  • Blog
  • About

Top Markets

  • Maricopa County, AZ
  • Harris County, TX
  • San Diego County, CA
  • Miami-Dade County, FL
  • Dallas County, TX
  • Clark County, NV
  • Cook County, IL
  • Tarrant County, TX
  • Wayne County, MI
  • Orange County, CA
  • Browse All Markets →

Rent vs Buy

  • Austin, TX
  • Denver, CO
  • Miami, FL
  • Seattle, WA
  • Phoenix, AZ
  • Nashville, TN
  • Atlanta, GA
  • Boston, MA
  • All 580+ Cities →

Support

  • Contact Support
  • My Tickets

Legal

  • Terms of Service
  • Privacy Policy

© 2026 Voucher Match LLC · part of VoucherMatch. All rights reserved.

MarketsMarket MapNew York, NY
Metropolitan Area

New York, NY

New York0
52
/100
Hold
#693 of 894 metros
Top 77% nationally for investing

Market Snapshot

$727,625
Median Home Price
186% above national median
$3,503/mo
Median Rent
153% above national median
5.78%
Rent-to-Price Ratio
Top 53% nationally
-$1,537
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$727,625
Down Payment (20%)$145,525
Loan Amount$582,100
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$3,503
Monthly P&I-$3,814
Est. Expenses (35%)-$1,226
Net Cash Flow-$1,537/mo
3.8%
Cap Rate (all cash)
-11.0%
Cash-on-Cash Return
5.78%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.8% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
52/100
52
Cash Flow(30%)
57/100

Based on 5.78% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
83/100

Based on 4.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
9/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Negative cash flow at typical financing (-$1,537/mo)
  • -Negative leverage (cap rate 3.8% < mortgage rate 6.9%)
  • -High price-to-income ratio makes financing challenging

Counties in New York, NY

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Waycross, GA
Waycross, GA
72$174,474$1,0257.05%BuyView
Maryville, MO
Maryville, MO
72$222,578Est.BuyView
Auburn, NY
Auburn, NY
72$231,300$1,3406.95%BuyView
Shawnee, OK
Shawnee, OK
72$195,990$1,1346.95%BuyView
Tiffin, OH
Tiffin, OH
72$179,031$9626.44%BuyView
Current
New York, NY
52$727,625$3,5035.78%Hold

Rent vs buy in this metro

Rent vs buy in New York, NYMedian $1,182,636 · rent $4,367/mo

The Bottom Line

HoldNew York, NY is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The New York, NY metro area scores 52/100, ranking #693 of 894 US metros (top 77%). The 5.78% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-1,537/mo
Cap Rate
3.8%
Cash-on-Cash
-12.7%

Ready to Invest in New York, NY?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit properties
Explore Other Markets