Side-by-side comparison of Buffalo, NY and Yonkers, NY — cap rates, rent, prices, and investment metrics.
Cash flow: Buffalo has the edge with an estimated cap rate of 4.15% 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 $195,000 in Buffalo vs $480,000 in Yonkers, while rents come in at $1,150/mo and $2,050/mo respectively.
Growth & appreciation: Yonkers is growing faster at 0.2% annually vs Buffalo's 0.1%. Yonkers leads on home value appreciation at 2.5% per year.
Costs & risk: Property taxes are 1.69% in Buffalo vs 1.65% in Yonkers. Vacancy rates of 6.2% and 4.8% are mixed — Yonkers has the tighter rental market.
Bottom line: Yonkers edges out Buffalo 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 Buffalo or Yonkers.