Is Oneida County, NY good for real estate investing?

Oneida County has an investment score of 75/100, rated as "Strong Buy". The county ranks #40 nationally among 1000 counties analyzed.

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

The rent-to-price ratio in Oneida County is 7.84% annually, which ranks in the 90th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Oneida?

The median home price in Oneida County is $225,470. This ranks #323 in affordability among all US counties.

Can you cash flow on rental properties in Oneida?

Based on median values with 20% down at current rates, a typical rental in Oneida County would generate negative cash flow of $225/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Oneida County

New YorkPopulation: 231,055

/100

Strong Buy

#40 of 1,000 counties

#3 in New York (62 counties)

Market Snapshot

$225,470

Median Home Price

18% below national median

$1,472/mo

Median Rent

2% below national median

7.84%

Rent-to-Price Ratio

Top 10% nationally

-$225

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$225,470

Down Payment (20%)$45,094

Loan Amount$180,376

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,472

Monthly P&I-$1,182

Est. Expenses (35%)-$515

Net Cash Flow-$225/mo

5.1%

Cap Rate (all cash)

-5.2%

Cash-on-Cash Return

7.84%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.1% 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

75/100

Cash Flow(30%)

78/100

Based on 7.84% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

93/100

Based on 7.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

79/100

Price-to-income ratio of 3.4x. 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 (7.84%)
+Strong price appreciation (+7.2% YoY)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$225/mo)
-Negative leverage (cap rate 5.1% < mortgage rate 6.9%)

Economic Indicators

Population

231,055

Median Income

$66,402

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.4x

Moderately affordable

Compare to Nearby Counties

County					Verdict
BroomeNY	76	$187,106	$1,421	9.11%	Strong Buy	View
CurrentOneidaNY	75	$225,470	$1,472	7.84%	Strong Buy
HerkimerNY	74	$191,152	Est. pending	—	Buy	View
CattaraugusNY	73	$158,795	$1,089	8.23%	Buy	View
CortlandNY	73	$194,241	$1,156	7.14%	Buy	View
Saint LawrenceNY	73	$139,884	$892	7.65%	Buy	View

The Bottom Line

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

Oneida County in New York scores 75/100, ranking #40 of 1,000 US counties (top 4%). The 7.84% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-225/mo

Cap Rate

5.1%

Cash-on-Cash

-5.2%

Ready to Analyze a Deal in Oneida?

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$225,470

Down Payment (20%)$45,094

Loan Amount$180,376

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,472

Monthly P&I-$1,182

Est. Expenses (35%)-$515

Net Cash Flow-$225/mo

5.1%

Cap Rate (all cash)

-5.2%

Cash-on-Cash Return

7.84%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.1% 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

75/100

Cash Flow(30%)

78/100

Based on 7.84% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

93/100

Based on 7.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

79/100

Price-to-income ratio of 3.4x. Lower ratios indicate more affordable markets.

County

Verdict

BroomeNY

$187,106

$1,421

9.11%

Strong Buy

View

CurrentOneidaNY

$225,470

$1,472

7.84%

Strong Buy

HerkimerNY

$191,152

Est. pending

—

Buy

View

CattaraugusNY

$158,795

$1,089

8.23%

Buy

View

CortlandNY

$194,241

$1,156

7.14%

Buy

View

Saint LawrenceNY

$139,884

$892

7.65%

Buy

View

The Bottom Line

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

Oneida County in New York scores 75/100, ranking #40 of 1,000 US counties (top 4%). The 7.84% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-225/mo

Cap Rate

5.1%

Cash-on-Cash

-5.2%