ZIP CODE 10460 // NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA // DATA AS OF 2026-09-30
New York, NY (10460) Rental Property Cap Rate & Cash Flow Report
Located in Bronx County (New York, NY), Zip Code 10460 ranks #193 of 500 within this selected sample (62th percentile) with a Zillow ZHVI typical home-value index of $531,483 (+10.7% YoY) and a ZORI observed market rent of $2,775/mo (+17.9% YoY). Requires at least 53.2% 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
-$1,115/mo
Annual: -$13,377/yr
Modeled Cap Rate
3.55%
NOI: $18,873/yr
Cash-on-Cash Return
-10.94%
Cash Needed: $122,241
1% Rule Ratio
0.52%
Gross Yield: 6.27%
Break-Even Rent
$4,056/mo
State Tax: 1.40%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 10460 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (NY Avg 1.40%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,687/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$1,202/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (10460)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2025 | $479,958 | $2,355/mo | 5.89% |
| 2026 | $531,483 | $2,775/mo | 6.27% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 11373 New York, NY | $521,344 | $2,751/mo | 3.61% | -$1,068/mo |
| 11207 New York, NY | $636,603 | $3,286/mo | 3.49% | -$1,368/mo |
| 11377 New York, NY | $554,020 | $2,990/mo | 3.73% | -$1,077/mo |
| 11706 Bay Shore, NY | $657,075 | $3,304/mo | 3.35% | -$1,488/mo |
| 10467 New York, NY | $431,376 | $2,362/mo | 3.82% | -$809/mo |
| 14850 Ithaca, NY | $410,762 | $2,038/mo | 3.28% | -$954/mo |