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Cap Rate Analysis: Amsterdam, NY

Investment metrics, interactive calculators, and data-driven analysis for Amsterdam rental properties.

Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026

Moderate — source deals carefully
Based on $200,000 median price and $1,330/mo median rent
Est. Cap Rate
4.97%
1% Rule
0.66%
Fails
GRM
12.5x
Price / Income
4.5x

Market Data

Median Home Price$200,000
Median Monthly Rent$1,330
Property Tax Rate1.71%
Population50,000
Population Growth0% / yr
Median Household Income$43,975
Vacancy Rate6.3%
Annual Appreciation2.1%

Cap Rate Calculator — Amsterdam

Pre-filled with Amsterdam medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
1.71% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
3.93%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$7,863
net operating income
Gross Rent Multiplier
12.5x
Good (<15)
1% Rule
0.66%
✗ Fails
Monthly Cash Flow
$655
before debt service
Annual Breakdown
Gross Rental Income$15,960
Less Vacancy−$1,005
Effective Income$14,955
Less Operating Expenses−$7,092
Net Operating Income$7,863
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Cash-on-Cash Return — Amsterdam

Factor in financing to see your actual return on invested capital in Amsterdam.

$
$50,000
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-4.43%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$56,000
$50,000 down + $6,000 closing
Monthly Mortgage
$978
on $150K loan
Monthly Cash Flow
$-207
after all expenses
Annual Cash Flow
$-2,483
before taxes
Cash Flow Breakdown
Monthly Rent$1,330
Less Expenses−$559
Less Mortgage−$978
Monthly Cash Flow$-207

Is Amsterdam a Good Place to Invest in Rental Property?

Amsterdam, NY has a population of 50,000 and has been growing at 0% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $200,000 paired with median rents of $1,330/mo produces an estimated cap rate of 4.97%.

Property taxes at 1.71% are notably high and represent a significant drag on cash flow — model this expense carefully, as it can make or break a deal. The vacancy rate of 6.3% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 4.5x, homes cost about 4.5 times the local median income of $43,975. This moderate ratio indicates a balanced rent-vs-buy market. Home values have appreciated at roughly 2.1% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: Amsterdam presents moderate opportunities. Cap rates near 4.97% mean deals need careful sourcing — look for value-add rehabs or emerging neighborhoods where rents are climbing.

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