Real Estate Investing in New York, New York (10461)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10461 (New York, NY)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in New York, NY (10461)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 10461 New York
Not every below-median market is a bargain. New York's 10461 ZIP reports signals that favor experienced operators who can absorb the risk $734K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $734K asset, 10461 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in New York have seen price recovery that 10461 has not matched. Bronx County data supports the view that the spread is structural rather than temporary.
Who lives in 10461 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 10461 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 10461
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $276,426 | $2,750 | 7.2% | +4.7% | $276,426 |
| 2BR | $558,659 | $3,020 | 3.9% | +3.0% | $279,330 |
| 3BR | $722,869 | $3,780 | 3.8% | +3.9% | $240,956 |
| 4BR | $787,758 | $4,110 | 3.8% | +6.7% | $196,939 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10461 Compare?
| Metric | 10461 | New York | New York |
|---|---|---|---|
| Home Value | $733,664 | $572,493 | $505,608 |
| 5-Year CAGR | 4.0% | 1.2% | 6.6% |
| Avg Rent | $2,674 | $3,425 | - |
| Cap Rate | 2.8% | 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 10461 (New York, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $733,664 |
| Monthly Rent | $2,674 |
| Price-to-Rent | 22.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.8% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 Rent Trends
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +6.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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 10461
Population: 50,900
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 10461
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
Frequently Asked Questions
How much do tenants pay in New York, NY?
Rental rates in New York, NY average $2,674/mo. Tenant demand and $734K home values make the yield look reasonable by investor standards.
Is NY a landlord-friendly state?
New York, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
What real estate strategy is ideal for New York, NY?
A careful cash-flow rentals with hands-on management strategy New York, NY best. The market produces stable results for that approach at the $734K price point.
Can I house hack in New York, NY?
For house hackers, New York, NY is a challenging. The $2,674/mo rent on a unit helps defray the mortgage on a $734K property.
How high is vacancy risk in New York, NY?
New York, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 10461 now. You don’t know where it ranks.
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How 10461 ranks in New York-Newark-Jersey City, NY-NJ-PA
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