ZIP CODE 11207 // NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA // DATA AS OF 2026-09-30
New York, NY (11207) Rental Property Cap Rate & Cash Flow Report
Located in Kings County (New York, NY), Zip Code 11207 ranks #199 of 500 within this selected sample (60th percentile) with a Zillow ZHVI typical home-value index of $636,603 (+2.1% YoY) and a ZORI observed market rent of $3,286/mo (+8.3% YoY). Requires at least 54.0% 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
-$1,368/mo
Annual: -$16,417/yr
Modeled Cap Rate
3.49%
NOI: $22,211/yr
Cash-on-Cash Return
-11.21%
Cash Needed: $146,419
1% Rule Ratio
0.52%
Gross Yield: 6.19%
Break-Even Rent
$4,859/mo
State Tax: 1.40%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 11207 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (NY Avg 1.40%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$3,219/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$1,435/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (11207)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $544,546 | $2,220/mo | 4.89% |
| 2022 | $575,266 | $2,705/mo | 5.64% |
| 2023 | $587,427 | $2,855/mo | 5.83% |
| 2024 | $612,822 | $2,885/mo | 5.65% |
| 2025 | $623,419 | $3,035/mo | 5.84% |
| 2026 | $636,603 | $3,286/mo | 6.19% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 10460 New York, NY | $531,483 | $2,775/mo | 3.55% | -$1,115/mo |
| 11373 New York, NY | $521,344 | $2,751/mo | 3.61% | -$1,068/mo |
| 11706 Bay Shore, NY | $657,075 | $3,304/mo | 3.35% | -$1,488/mo |
| 14850 Ithaca, NY | $410,762 | $2,038/mo | 3.28% | -$954/mo |
| 11377 New York, NY | $554,020 | $2,990/mo | 3.73% | -$1,077/mo |
| 11691 New York, NY | $675,244 | $3,320/mo | 3.23% | -$1,595/mo |