RentalCalcs
ToolsMarket MapMy DealsPricingBlog
RentalCalcs

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

Product

  • Tools
  • Market Map
  • Pricing
  • Blog
  • About

Top Markets

  • Harris County, TX
  • Maricopa County, AZ
  • San Diego County, CA
  • Miami-Dade County, FL
  • Dallas County, TX
  • Clark County, NV
  • Browse All Markets →

Legal

  • Terms of Service
  • Privacy Policy
  • Contact

© 2026 RentalCalcs. All rights reserved.

Market MapNew YorkChemung

Chemung County

New YorkPopulation: 83,584
77
/100
Strong Buy
#21 of 1,000 counties
#1 in New York (62 counties)

Market Snapshot

$149,017
Median Home Price
36% below national median
$1,222/mo
Median Rent
19% below national median
9.84%
Rent-to-Price Ratio
Top 2% nationally
+$13
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$149,017
Down Payment (20%)$29,803
Loan Amount$119,214
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,222
Monthly P&I-$781
Est. Expenses (35%)-$428
Net Cash Flow+$13/mo
6.4%
Cap Rate (all cash)
0.5%
Cash-on-Cash Return
9.84%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 6.4% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
77/100
77
Cash Flow(30%)
98/100

Based on 9.84% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
65/100

Based on 1.5% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
94/100

Price-to-income ratio of 2.4x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Above-average rent-to-price ratio (9.84%)
  • +Affordable relative to local incomes
  • +Complete rent data available

Challenges

  • -Negative leverage (cap rate 6.4% < mortgage rate 6.9%)

Economic Indicators

Population
83,584
Median Income
$61,358
vs $57,018 national est.
Unemployment Rate
—
Data pending
Price-to-Income
2.4x
Very affordable

Compare to Nearby Counties

CountyVerdict
CurrentChemungNY
77$149,017$1,2229.84%Strong Buy
BroomeNY
76$187,106$1,4219.11%Strong BuyView
OneidaNY
75$225,470$1,4727.84%Strong BuyView
CattaraugusNY
73$158,795$1,0898.23%BuyView
SteubenNY
72$163,769$1,3329.76%BuyView
OnondagaNY
72$264,378$1,6277.39%BuyView

The Bottom Line

Strong BuyChemung is a strong buy market with excellent fundamentals for buy-and-hold investors.

Chemung County in New York scores 77/100, ranking #21 of 1,000 US counties (top 3%). The 9.84% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential. At current rates with 20% down, a median-priced property could generate approximately $13/month in cash flow.

Monthly Cash Flow
+$13/mo
Cap Rate
6.4%
Cash-on-Cash
0.5%

Ready to Analyze a Deal in Chemung?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRRHouse HackOwner-occupied strategyMultifamily5+ unit properties
Explore Other Markets