ZIP CODE 10312 // NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA // DATA AS OF 2026-09-30
New York, NY (10312) Rental Property Cap Rate & Cash Flow Report
Located in Richmond County (New York, NY), Zip Code 10312 ranks #456 of 500 within this selected sample (9th percentile) with a Zillow ZHVI typical home-value index of $761,384 (+5.1% YoY) and a ZORI observed market rent of $2,582/mo (+11.4% YoY). Requires at least 78.4% 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
-$2,809/mo
Annual: -$33,710/yr
Modeled Cap Rate
1.64%
NOI: $12,490/yr
Cash-on-Cash Return
-19.25%
Cash Needed: $175,118
1% Rule Ratio
0.34%
Gross Yield: 4.07%
Break-Even Rent
$5,811/mo
State Tax: 1.40%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 10312 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (NY Avg 1.40%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$3,850/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$1,541/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (10312)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2022 | $682,814 | $1,735/mo | 3.05% |
| 2023 | $688,632 | $1,880/mo | 3.28% |
| 2024 | $707,520 | $2,134/mo | 3.62% |
| 2025 | $724,740 | $2,317/mo | 3.84% |
| 2026 | $761,384 | $2,582/mo | 4.07% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 10023 New York, NY | $1,444,233 | $4,890/mo | 1.63% | -$5,335/mo |
| 11229 New York, NY | $770,010 | $2,622/mo | 1.66% | -$2,832/mo |
| 11234 New York, NY | $783,194 | $2,677/mo | 1.67% | -$2,871/mo |
| 11201 New York, NY | $1,402,838 | $4,717/mo | 1.61% | -$5,211/mo |
| 11211 New York, NY | $1,435,890 | $4,935/mo | 1.69% | -$5,241/mo |
| 11209 New York, NY | $829,586 | $2,868/mo | 1.71% | -$3,013/mo |