ZIP CODE 10314 // NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA // DATA AS OF 2026-09-30
New York, NY (10314) Rental Property Cap Rate & Cash Flow Report
Located in Richmond County (New York, NY), Zip Code 10314 ranks #441 of 500 within this selected sample (12th percentile) with a Zillow ZHVI typical home-value index of $708,275 (+5.5% YoY) and a ZORI observed market rent of $2,515/mo (+6.6% YoY). Requires at least 76.2% 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
-$2,515/mo
Annual: -$30,177/yr
Modeled Cap Rate
1.81%
NOI: $12,800/yr
Cash-on-Cash Return
-18.52%
Cash Needed: $162,903
1% Rule Ratio
0.36%
Gross Yield: 4.26%
Break-Even Rent
$5,406/mo
State Tax: 1.40%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 10314 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (NY Avg 1.40%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$3,581/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$1,448/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (10314)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $574,742 | $1,821/mo | 3.80% |
| 2022 | $624,181 | $1,927/mo | 3.70% |
| 2023 | $626,356 | $2,088/mo | 4.00% |
| 2024 | $646,486 | $2,291/mo | 4.25% |
| 2025 | $671,516 | $2,360/mo | 4.22% |
| 2026 | $708,275 | $2,515/mo | 4.26% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 11206 New York, NY | $1,125,835 | $4,066/mo | 1.87% | -$3,938/mo |
| 11214 New York, NY | $768,481 | $2,780/mo | 1.88% | -$2,684/mo |
| 11209 New York, NY | $829,586 | $2,868/mo | 1.71% | -$3,013/mo |
| 11211 New York, NY | $1,435,890 | $4,935/mo | 1.69% | -$5,241/mo |
| 11234 New York, NY | $783,194 | $2,677/mo | 1.67% | -$2,871/mo |
| 11229 New York, NY | $770,010 | $2,622/mo | 1.66% | -$2,832/mo |