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MarketsNew YorkJamestown

Cap Rate Analysis: Jamestown, NY

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

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

Challenging for pure cash flow
Based on $165,000 median price and $930/mo median rent
Est. Cap Rate
3.83%
1% Rule
0.56%
Fails
GRM
14.8x
Price / Income
3.8x

Market Data

Median Home Price$165,000
Median Monthly Rent$930
Property Tax Rate1.71%
Population50,000
Population Growth0% / yr
Median Household Income$43,975
Vacancy Rate6.3%
Annual Appreciation2.1%

Cap Rate Calculator — Jamestown

Pre-filled with Jamestown 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
3.01%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$4,973
net operating income
Gross Rent Multiplier
14.8x
Good (<15)
1% Rule
0.56%
✗ Fails
Monthly Cash Flow
$414
before debt service
Annual Breakdown
Gross Rental Income$11,160
Less Vacancy−$703
Effective Income$10,457
Less Operating Expenses−$5,484
Net Operating Income$4,973
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Cash-on-Cash Return — Jamestown

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

$
$41,250
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-6.95%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$46,200
$41,250 down + $4,950 closing
Monthly Mortgage
$807
on $124K loan
Monthly Cash Flow
$-268
after all expenses
Annual Cash Flow
$-3,213
before taxes
Cash Flow Breakdown
Monthly Rent$930
Less Expenses−$391
Less Mortgage−$807
Monthly Cash Flow$-268

Is Jamestown a Good Place to Invest in Rental Property?

Jamestown, 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 $165,000 paired with median rents of $930/mo produces an estimated cap rate of 3.83%.

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 3.8x, homes cost about 3.8 times the local median income of $43,975. This relatively affordable ratio suggests a deep pool of renters who find buying out of reach, supporting rental demand. 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: At current median prices, Jamestown is challenging for pure cash flow investing. Consider BRRRR strategies with below-market purchases, or look at neighboring metros with stronger price-to-rent ratios.

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