Shrub Oak, NY — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
3.2%
Below average
Monthly Cash Flow
-$1,613
After all expenses
Price-to-Rent
16.9
Overpriced for rent
DSCR
0.49
Fails
📊 Key Metrics
- Median Home Price
- $599,509
- Average Rent (3BR)
- $2,960/mo
- Price-to-Rent Ratio
- 16.9(high)
- 1% Rule
- 0.49%(fails — need 1%+)
- Cash-on-Cash Return
- -14.0%
- Vacancy Rate
- 8.0%
📈 Market Strength
- Unemployment Rate
- 4.6%(+0.3% vs national)
- Rent Growth (YoY)
- +2.9%(national avg)
- Population Growth
- -1.15% YoY
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →Property Tax Rate
1.62%
of assessed value (NY avg)
Median Income
$74,314
household (NY avg)
Rent-to-Income
47.8%
Stretched
Section 8 Max Rent
$2,960/mo
3BR voucher payment
🏛️ NY Investor Climate
Landlord Friendly
3/10
State Income Tax
Has state tax
Property Tax
1.62% effective
Population Trend
-1.15% (3yr)