ZIP CODE 10466 // NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA // DATA AS OF 2026-09-30
New York, NY (10466) Rental Property Cap Rate & Cash Flow Report
Located in Bronx County (New York, NY), Zip Code 10466 ranks #263 of 500 within this selected sample (48th percentile) with a Zillow ZHVI typical home-value index of $663,951 (+9.6% YoY) and a ZORI observed market rent of $3,144/mo. Requires at least 59.9% 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
-$1,673/mo
Annual: -$20,079/yr
Modeled Cap Rate
3.04%
NOI: $20,208/yr
Cash-on-Cash Return
-13.15%
Cash Needed: $152,709
1% Rule Ratio
0.47%
Gross Yield: 5.68%
Break-Even Rent
$5,067/mo
State Tax: 1.40%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 10466 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (NY Avg 1.40%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$3,357/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$1,460/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (10466)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2026 | $663,951 | $3,144/mo | 5.68% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 11550 Hempstead, NY | $650,788 | $3,106/mo | 3.08% | -$1,619/mo |
| 10027 New York, NY | $815,605 | $3,807/mo | 2.97% | -$2,103/mo |
| 10002 New York, NY | $976,229 | $4,797/mo | 3.23% | -$2,309/mo |
| 11208 New York, NY | $742,792 | $3,383/mo | 2.85% | -$1,989/mo |
| 11691 New York, NY | $675,244 | $3,320/mo | 3.23% | -$1,595/mo |
| 14850 Ithaca, NY | $410,762 | $2,038/mo | 3.28% | -$954/mo |