Side-by-side comparison of Yonkers, NY and Utica, NY — cap rates, rent, prices, and investment metrics.
Cash flow: Utica has the edge with an estimated cap rate of 5.07% compared to Yonkers's 2.43%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $480,000 in Yonkers vs $135,000 in Utica, while rents come in at $2,050/mo and $920/mo respectively.
Growth & appreciation: Yonkers is growing faster at 0.2% annually, while Utica is losing population. Yonkers leads on home value appreciation at 2.5% per year.
Costs & risk: Property taxes are 1.65% in Yonkers vs 1.74% in Utica. Vacancy rates of 4.8% and 7% are mixed — Yonkers has the tighter rental market.
Bottom line: Yonkers edges out Utica on most key metrics. While cap rates are moderate at 2.43%, Yonkers's overall profile is stronger. Use our free calculators to model specific deals in Yonkers or Utica.