ZIP CODE 10027 // NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA // DATA AS OF 2026-09-30
New York, NY (10027) Rental Property Cap Rate & Cash Flow Report
Located in New York County (New York, NY), Zip Code 10027 ranks #274 of 500 within this selected sample (45th percentile) with a Zillow ZHVI typical home-value index of $815,605 (-1.6% YoY) and a ZORI observed market rent of $3,807/mo (+2.8% YoY). Requires at least 60.8% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$2,103/mo
Annual: -$25,241/yr
Modeled Cap Rate
2.97%
NOI: $24,249/yr
Cash-on-Cash Return
-13.46%
Cash Needed: $187,589
1% Rule Ratio
0.47%
Gross Yield: 5.60%
Break-Even Rent
$6,225/mo
State Tax: 1.40%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 10027 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (NY Avg 1.40%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$4,124/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$1,786/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (10027)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $976,719 | $2,815/mo | 3.46% |
| 2022 | $982,816 | $3,235/mo | 3.95% |
| 2023 | $855,197 | $3,350/mo | 4.70% |
| 2024 | $824,700 | $3,469/mo | 5.05% |
| 2025 | $829,189 | $3,704/mo | 5.36% |
| 2026 | $815,605 | $3,807/mo | 5.60% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 10466 New York, NY | $663,951 | $3,144/mo | 3.04% | -$1,673/mo |
| 11550 Hempstead, NY | $650,788 | $3,106/mo | 3.08% | -$1,619/mo |
| 11208 New York, NY | $742,792 | $3,383/mo | 2.85% | -$1,989/mo |
| 10029 New York, NY | $759,869 | $3,426/mo | 2.81% | -$2,065/mo |
| 11355 New York, NY | $613,039 | $2,735/mo | 2.76% | -$1,691/mo |
| 10002 New York, NY | $976,229 | $4,797/mo | 3.23% | -$2,309/mo |