Binghamton, NY — Rental Investment Analysis

🟢GOODsolid returns

Cap Rate

6.1%

Above average

Monthly Cash Flow

-$41

After all expenses

Price-to-Rent

10.5

Investor-friendly

DSCR

0.96

Fails

📊 Key Metrics

Median Home Price
$184,747
Average Rent (3BR)
$1,470/mo
Price-to-Rent Ratio
10.5(good)
1% Rule
0.79%(fails — need 1%+)
Cash-on-Cash Return
-1.2%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Binghamton for Investors

13904
Cap Rate: 7.6%Cash Flow: +$157/mo$155,518
13905
Cap Rate: 6.6%Cash Flow: +$34/mo$184,747
13903
Cap Rate: 6.1%Cash Flow: -$41/mo$182,532

All Zip Codes in Binghamton

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
139047.6%+$157$155,518$1,470/mo1.19
139056.6%+$34$184,747$1,560/mo1.03
139036.1%-$41$182,532$1,450/mo0.96
139015.7%-$119$196,516$1,470/mo0.89
137445.4%-$171$200,592$1,440/mo0.84