Real Estate Investing in New Rochelle, New York (10804)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10804 (New Rochelle, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in New Rochelle, NY (10804)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 10804 New Rochelle
ZIP 10804 inside Westchester County looks affordable on the surface — median value of $1.3M — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 10804 is robust only for operators who understand what they are buying. A $1.3M median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Stepping back, 10804 offers a low basis, the region around New Rochelle has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
On balance, 15,228 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 10804 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in New Rochelle:
Property Strategy for 10804
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $544,643 | $3,470 | 4.6% | — | $272,322 |
| 3BR | $1,017,838 | $4,350 | 3.1% | +9.0% | $339,279 |
| 4BR | $1,222,976 | $4,720 | 2.8% | +9.6% | $305,744 |
| 5BR | $1,586,947 | — | — | +10.9% | $317,389 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 10804 Compare?
| Metric | 10804 | New Rochelle | New York |
|---|---|---|---|
| Home Value | $1,277,528 | $885,580 | $505,608 |
| 5-Year CAGR | 8.9% | 6.8% | 6.6% |
| Avg Rent | $8,500 | $4,703 | - |
| Cap Rate | 5.2% | 3.9% | - |
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 10804 (New Rochelle, NY). Anonymous, moderated, never written by AI.
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Property managers serving Westchester County
Manage rentals here? List your business →Comfort Usukumah is a REALTOR specializing in assisting buyers and sellers in New York, providing access to all listings and home value discussions. summary from their website
Real Property Management Westchester is a property management company serving Westchester, NY. summary from their website
Igor Krasnoperov helps clients sell their homes with a guaranteed price. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,277,528 |
| Monthly Rent | $8,500 |
| Price-to-Rent | 12.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.0% |
| Cap Rate | 5.2% |
| 5-Year IRR | 14.1% |
📈 Home Appreciation
| 1-Year | +12.0% ▲ |
| 3-Year CAGR | +9.1% ▲ |
| 5-Year CAGR | +8.9% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.2%). 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 10804
Population: 15,228
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 10804
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
ANNE HUTCHINSON SCHOOL
BRONXVILLE ELEMENTARY SCHOOL
BRONXVILLE HIGH SCHOOL
BRONXVILLE MIDDLE SCHOOL
COLUMBUS ELEMENTARY 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
Is New Rochelle, NY better for rentals, flips, or BRRRR?
For New Rochelle, NY, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How qualified is the tenant pool in New Rochelle, NY?
The tenant pool in New Rochelle, NY is solid, supported by local employment and population fundamentals. Rents of $8,500/mo are well-absorbed by the market.
What is the typical home price in New Rochelle, NY?
In New Rochelle, NY the median home value sits at $1.3M. Against the broader NY market, that reads as reasonable for most investors.
How strong is New Rochelle, NY for real estate investors?
New Rochelle, NY rates 3.0/5 for investability. With median values at $1.3M and rents near $8,500/mo, the market offers reasonable fundamentals for rental investors.
Is house hacking profitable in New Rochelle, NY?
House hacking in New Rochelle, NY is reasonable to execute. Prices around $1.3M and rents of $8,500/mo solid owner-occupant economics.
You know 10804 now. You don’t know where it ranks.
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How 10804 ranks in New York-Newark-Jersey City, NY-NJ-PA
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