ZIP CODE 11201 // NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA // DATA AS OF 2026-09-30
New York, NY (11201) Rental Property Cap Rate & Cash Flow Report
Located in Kings County (New York, NY), Zip Code 11201 ranks #460 of 500 within this selected sample (8th percentile) with a Zillow ZHVI typical home-value index of $1,402,838 (+4.2% YoY) and a ZORI observed market rent of $4,717/mo (+5.1% YoY). Requires at least 78.8% 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
-$5,211/mo
Annual: -$62,531/yr
Modeled Cap Rate
1.61%
NOI: $22,591/yr
Cash-on-Cash Return
-19.38%
Cash Needed: $322,653
1% Rule Ratio
0.34%
Gross Yield: 4.03%
Break-Even Rent
$10,707/mo
State Tax: 1.40%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 11201 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (NY Avg 1.40%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$7,094/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$2,834/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (11201)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $1,587,072 | $3,516/mo | 2.66% |
| 2022 | $1,640,529 | $4,006/mo | 2.93% |
| 2023 | $1,334,726 | $4,192/mo | 3.77% |
| 2024 | $1,311,127 | $4,319/mo | 3.95% |
| 2025 | $1,345,667 | $4,486/mo | 4.00% |
| 2026 | $1,402,838 | $4,717/mo | 4.03% |
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 |
| 10312 New York, NY | $761,384 | $2,582/mo | 1.64% | -$2,809/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 |
| 11238 New York, NY | $1,277,708 | $4,222/mo | 1.55% | -$4,811/mo |
| 11221 New York, NY | $1,096,834 | $3,608/mo | 1.53% | -$4,144/mo |