ZIP CODE 11372 // NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA // DATA AS OF 2026-09-30
New York, NY (11372) Rental Property Cap Rate & Cash Flow Report
Located in Queens County (New York, NY), Zip Code 11372 ranks #78 of 500 within this selected sample (85th percentile) with a Zillow ZHVI typical home-value index of $421,676 (-4.8% YoY) and a ZORI observed market rent of $2,665/mo (+1.8% YoY). Requires at least 38.1% 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
-$481/mo
Annual: -$5,775/yr
Modeled Cap Rate
4.70%
NOI: $19,812/yr
Cash-on-Cash Return
-5.95%
Cash Needed: $96,985
1% Rule Ratio
0.63%
Gross Yield: 7.58%
Break-Even Rent
$3,218/mo
State Tax: 1.40%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 11372 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (NY Avg 1.40%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,132/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$1,014/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (11372)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $583,881 | $2,106/mo | 4.33% |
| 2022 | $586,768 | $2,330/mo | 4.77% |
| 2023 | $459,574 | $2,432/mo | 6.35% |
| 2024 | $442,794 | $2,428/mo | 6.58% |
| 2025 | $443,078 | $2,617/mo | 7.09% |
| 2026 | $421,676 | $2,665/mo | 7.58% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 11375 New York, NY | $518,447 | $3,204/mo | 4.55% | -$655/mo |
| 10458 New York, NY | $457,948 | $2,969/mo | 4.87% | -$458/mo |
| 10456 New York, NY | $472,538 | $2,702/mo | 4.07% | -$787/mo |
| 10950 Monroe, NY | $523,802 | $2,905/mo | 3.89% | -$951/mo |
| 10467 New York, NY | $431,376 | $2,362/mo | 3.82% | -$809/mo |
| 11377 New York, NY | $554,020 | $2,990/mo | 3.73% | -$1,077/mo |