Real Estate Investing in New York, New York (10465)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10465 (New York, NY)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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 (10465)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 10465 New York
ZIP 10465 inside Bronx County looks affordable on the surface — median value of $694K — but the discount exists for reasons that a careful buyer should understand before committing.
Put differently, the numbers look inviting — $694K purchase price, 0.0% nominal cap — the work to hit that pro forma in 10465 is substantial and deserves full respect.
In the broader NY picture, 10465 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 10465 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 10465 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in New York:
Property Strategy for 10465
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $399,517 | $2,770 | 5.0% | +1.0% | $399,517 |
| 2BR | $503,396 | $3,040 | 4.3% | +3.3% | $251,698 |
| 3BR | $684,069 | $3,810 | 4.0% | +6.0% | $228,023 |
| 4BR | $758,686 | $4,140 | 3.9% | +1.5% | $189,672 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10465 Compare?
| Metric | 10465 | New York | New York |
|---|---|---|---|
| Home Value | $693,785 | $572,493 | $505,608 |
| 5-Year CAGR | 4.6% | 1.2% | 6.6% |
| Avg Rent | $2,856 | $3,425 | - |
| Cap Rate | 3.2% | 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 10465 (New York, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $693,785 |
| Monthly Rent | $2,856 |
| Price-to-Rent | 20.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +7.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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 10465
Population: 46,457
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 10465
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
ICAHN CHARTER SCHOOL 3
ICAHN CHARTER SCHOOL 2
ICAHN CHARTER SCHOOL 5
BOLD CHARTER SCHOOL
GRAND CONCOURSE ACADEMY CHARTER SCHOOL
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
Are homes affordable in New York, NY?
New York, NY home values average about $694K. That price point suits investors targeting rentals with $2,856/mo in monthly income.
What do rentals go for in New York, NY?
Average rent in New York, NY is approximately $2,856/mo per month. Against $694K home values that yields a reasonable rent-to-price ratio.
What is the tenant pool like in New York, NY?
Expect a solid tenant pool in New York, NY. The rental market absorbs $2,856/mo rents without meaningful friction.
What investment strategy works best in New York, NY?
Most investors in New York, NY run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
What is it like being a landlord in New York, NY?
NY law tenant-protective for landlords, and New York inherits those rules. Investors should still review local ordinances for rental licensing.
You know 10465 now. You don’t know where it ranks.
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How 10465 ranks in New York-Newark-Jersey City, NY-NJ-PA
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