Real Estate Investing in New York, New York (10458)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10458 (New York, NY)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Declining values: -1.7% 5-year CAGR — values have moved lower.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 24.4% poverty rate — can affect rent collection.
- Higher unemployment: 8.9% unemployment — tenant risk signal.
What’s happening in New York, NY (10458)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 10458 New York
This part of Bronx County is not an easy win. The 10458 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 10458 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within NY, ZIP 10458 trails on several market indicators that neighboring Bronx County submarkets outperform. The gap is real and durable enough to shape underwriting.
Employment concentration in 10458 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 10458 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 10458
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $246,374 | $2,420 | 7.1% | +8.4% | $246,374 |
| 2BR | $318,442 | $2,650 | 6.0% | +4.3% | $159,221 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10458 Compare?
| Metric | 10458 | New York | New York |
|---|---|---|---|
| Home Value | $431,786 | $572,493 | $505,608 |
| 5-Year CAGR | N/A | 1.2% | 6.6% |
| Avg Rent | $2,772 | $3,425 | - |
| Cap Rate | 5.0% | 3.2% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 10458 (New York, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 10458 (New York, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $431,786 |
| Monthly Rent | $2,772 |
| Price-to-Rent | 13.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.7% |
| Cap Rate | 5.0% |
| 5-Year IRR | 3.3% |
📈 Home Appreciation
| 1-Year | +10.4% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | -1.7% ▼ |
| 10-Year CAGR | -0.9% ▼ |
🏠 Rent Trends
| 1-Year | +23.2% ▲ |
| 3-Year CAGR | +12.4% ▲ |
| 5-Year CAGR | +10.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 10458
Population: 78,741
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 10458
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 574 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does New York, NY rate as a rental market?
New York, NY scores 3.0/5 for investability. Home values sit at $432K and rents near $2,772/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How do landlord-tenant laws work in New York, NY?
NY ranks as a tenant-protective state for landlord-tenant law. New York generally follows the statewide framework, so landlords face reasonable operating rules.
Is vacancy a concern in New York, NY?
Rental vacancy in New York, NY is elevated. Investors should budget normal turnover but not chronic empty units.
Is house hacking profitable in New York, NY?
House hacking works a challenging in New York, NY. Rents of $2,772/mo against $432K acquisition make the strategy solid for owner-occupants.
How much do tenants pay in New York, NY?
Expect rents around $2,772/mo per month in New York, NY. With home values at $432K, the yield math works out to reasonable levels for rental investors.
You know 10458 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 10458 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 10458 ranks in New York-Newark-Jersey City, NY-NJ-PA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 10458 (New York)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 10458 (New York, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.