ZIP CODE 10468 // NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA // DATA AS OF 2026-09-30
New York, NY (10468) Rental Property Cap Rate & Cash Flow Report
Located in Bronx County (New York, NY), Zip Code 10468 ranks #11 of 500 within this selected sample (98th percentile) with a Zillow ZHVI typical home-value index of $270,238 (+0.1% YoY) and a ZORI observed market rent of $2,171/mo (+4.4% YoY). Cash-flow positive at standard 20% down payment (break-even down payment: 14.5%). 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
+$94/mo
Annual: +$1,134/yr
Modeled Cap Rate
6.49%
NOI: $17,531/yr
Cash-on-Cash Return
1.82%
Cash Needed: $62,155
1% Rule Ratio
0.80%
Gross Yield: 9.64%
Break-Even Rent
$2,062/mo
State Tax: 1.40%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 10468 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (NY Avg 1.40%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,366/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$710/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (10468)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2022 | $301,685 | $1,750/mo | 6.96% |
| 2023 | $271,202 | $1,940/mo | 8.58% |
| 2024 | $262,651 | $1,975/mo | 9.02% |
| 2025 | $269,921 | $2,080/mo | 9.25% |
| 2026 | $270,238 | $2,171/mo | 9.64% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 10452 New York, NY | $308,564 | $2,455/mo | 6.41% | +$87/mo |
| 10463 New York, NY | $367,757 | $3,292/mo | 7.45% | +$422/mo |
| 10458 New York, NY | $457,948 | $2,969/mo | 4.87% | -$458/mo |
| 11372 New York, NY | $421,676 | $2,665/mo | 4.70% | -$481/mo |
| 10462 New York, NY | $261,095 | $2,563/mo | 8.35% | +$496/mo |
| 11375 New York, NY | $518,447 | $3,204/mo | 4.55% | -$655/mo |