Condo Investment Properties in Binghamton, NY | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Binghamton, NY

Why Invest in Binghamton, New York?

Binghamton condos offer affordable entry points in a stabilizing upstate New York market with growing investor interest. The city's median home appreciation of 3.5% year-over-year reflects steady market recovery, while condo-specific inventory provides flexibility for both rental and resale strategies. With median home values around $179,000 and rental yields supported by a diverse tenant base, condos present accessible opportunities for investors seeking cash flow in a lower-cost Northeast corridor market.

5.2%
Avg. ROI
4.8%
Rental Yield
6.1%
Cap Rate
$285/mo
Avg. Cash Flow
$875/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

Binghamton condos typically generate rental yields of 4.8% to 5.2% annually, with average rents around $875 per month. This yield is competitive for the Northeast and reflects the city's affordable entry prices combined with steady tenant demand from university, healthcare, and workforce populations.

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