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Market MapUtica, NY
Metropolitan Area

Utica, NY

New York0
75
/100
Strong Buy
#70 of 894 metros
Top 8% nationally for investing

Market Snapshot

$218,900
Median Home Price
10% below national median
$1,413/mo
Median Rent
2% above national median
7.75%
Rent-to-Price Ratio
Top 14% nationally
-$229
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

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

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$218,900
Down Payment (20%)$43,780
Loan Amount$175,120
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,413
Monthly P&I-$1,147
Est. Expenses (35%)-$495
Net Cash Flow-$230/mo
5.0%
Cap Rate (all cash)
-5.5%
Cash-on-Cash Return
7.75%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 5.0% 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
75/100
75
Cash Flow(30%)
77/100

Based on 7.75% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
91/100

Based on 7.0% 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%)
83/100

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

  • +Above-average rent-to-price ratio (7.75%)
  • +Strong price appreciation (+7.0% YoY)
  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)

Challenges

  • -Negative cash flow at typical financing (-$229/mo)
  • -Negative leverage (cap rate 5.0% < mortgage rate 6.9%)

Counties in Utica, NY

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Decatur, IL
Decatur, IL
85$118,242$1,02110.36%Strong BuyView
Connersville, IN
Connersville, IN
82$158,083Est.Strong BuyView
Indiana, PA
Indiana, PA
82$158,790$1,37610.40%Strong BuyView
Paducah, KY
Paducah, KY
82$165,710$1,2919.35%Strong BuyView
Danville, IL
Danville, IL
81$93,319$81510.48%Strong BuyView
Current
Utica, NY
75$218,900$1,4137.75%Strong Buy

The Bottom Line

Strong BuyUtica, NY is a strong buy market with excellent fundamentals for buy-and-hold investors.

The Utica, NY metro area scores 75/100, ranking #70 of 894 US metros (top 8%). The 7.75% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow
$-229/mo
Cap Rate
5.0%
Cash-on-Cash
-6.3%

Ready to Invest in Utica, NY?

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

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