Is Madison County, NY good for real estate investing?

Madison County has an investment score of 68/100, rated as "Buy". The county ranks #191 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Madison?

The rent-to-price ratio in Madison County is 6.22% annually, which ranks in the 57th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Madison?

The median home price in Madison County is $246,228. This ranks #414 in affordability among all US counties.

Can you cash flow on rental properties in Madison?

Based on median values with 20% down at current rates, a typical rental in Madison County would generate negative cash flow of $461/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Madison County

New YorkPopulation: 68,020

/100

Buy

#191 of 1,000 counties

#21 in New York (62 counties)

Market Snapshot

$246,228

Median Home Price

10% below national median

$1,277/mo

Median Rent

15% below national median

6.22%

Rent-to-Price Ratio

Top 43% nationally

-$461

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

Down Payment20%

5%50%100%

Purchase

Purchase Price$246,228

Down Payment (20%)$49,246

Loan Amount$196,982

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,277

Monthly P&I-$1,291

Est. Expenses (35%)-$447

Net Cash Flow-$461/mo

4.0%

Cap Rate (all cash)

-9.8%

Cash-on-Cash Return

6.22%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.0% 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 Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

68/100

Cash Flow(30%)

62/100

Based on 6.22% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

85/100

Based on 4.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

76/100

Price-to-income ratio of 3.6x. 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

+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$461/mo)
-Negative leverage (cap rate 4.0% < mortgage rate 6.9%)

Economic Indicators

Population

68,020

Median Income

$68,869

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.6x

Moderately affordable

Compare to Nearby Counties

County					Verdict
OswegoNY	70	$193,369	$1,270	7.88%	Buy	View
SenecaNY	69	$212,427	Est. pending	—	Buy	View
CurrentMadisonNY	68	$246,228	$1,277	6.22%	Buy
LivingstonNY	68	$234,675	Est. pending	—	Buy	View
OntarioNY	67	$306,113	$1,719	6.74%	Buy	View
WayneNY	67	$236,511	$1,203	6.11%	Buy	View

The Bottom Line

BuyMadison offers solid investment potential with good cash flow or appreciation prospects.

Madison County in New York scores 68/100, ranking #191 of 1,000 US counties (top 19%). The 6.22% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-461/mo

Cap Rate

4.0%

Cash-on-Cash

-9.8%

Ready to Analyze a Deal in Madison?

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

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$246,228

Down Payment (20%)$49,246

Loan Amount$196,982

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,277

Monthly P&I-$1,291

Est. Expenses (35%)-$447

Net Cash Flow-$461/mo

4.0%

Cap Rate (all cash)

-9.8%

Cash-on-Cash Return

6.22%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.0% 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 Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

68/100

Cash Flow(30%)

62/100

Based on 6.22% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

85/100

Based on 4.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

76/100

Price-to-income ratio of 3.6x. Lower ratios indicate more affordable markets.

County

Verdict

OswegoNY

$193,369

$1,270

7.88%

Buy

View

SenecaNY

$212,427

Est. pending

—

Buy

View

CurrentMadisonNY

$246,228

$1,277

6.22%

Buy

LivingstonNY

$234,675

Est. pending

—

Buy

View

OntarioNY

$306,113

$1,719

6.74%

Buy

View

WayneNY

$236,511

$1,203

6.11%

Buy

View

The Bottom Line

BuyMadison offers solid investment potential with good cash flow or appreciation prospects.

Monthly Cash Flow

$-461/mo

Cap Rate

4.0%

Cash-on-Cash

-9.8%