ZIP CODE 10701 // NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA // DATA AS OF 2026-09-30
Yonkers, NY (10701) Rental Property Cap Rate & Cash Flow Report
Located in Westchester County (Yonkers, NY), Zip Code 10701 ranks #340 of 500 within this selected sample (32th percentile) with a Zillow ZHVI typical home-value index of $627,944 (+6.9% YoY) and a ZORI observed market rent of $2,737/mo (+7.4% YoY). Requires at least 65.1% 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
-$1,788/mo
Annual: -$21,459/yr
Modeled Cap Rate
2.65%
NOI: $16,643/yr
Cash-on-Cash Return
-14.86%
Cash Needed: $144,427
1% Rule Ratio
0.44%
Gross Yield: 5.23%
Break-Even Rent
$4,793/mo
State Tax: 1.40%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 10701 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (NY Avg 1.40%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$3,175/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$1,350/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (10701)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $500,303 | $2,088/mo | 5.01% |
| 2022 | $530,918 | $2,231/mo | 5.04% |
| 2023 | $541,349 | $2,338/mo | 5.18% |
| 2024 | $570,571 | $2,380/mo | 5.01% |
| 2025 | $587,429 | $2,548/mo | 5.21% |
| 2026 | $627,944 | $2,737/mo | 5.23% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 11235 New York, NY | $602,529 | $2,614/mo | 2.63% | -$1,727/mo |
| 11434 New York, NY | $718,262 | $3,150/mo | 2.68% | -$2,029/mo |
| 10457 New York, NY | $540,839 | $2,390/mo | 2.71% | -$1,512/mo |
| 11355 New York, NY | $613,039 | $2,735/mo | 2.76% | -$1,691/mo |
| 11236 New York, NY | $689,060 | $2,919/mo | 2.52% | -$2,036/mo |
| 10029 New York, NY | $759,869 | $3,426/mo | 2.81% | -$2,065/mo |