New Rochelle, NY — Rental Investment Analysis

🔴POORnegative cash flow likely

Cap Rate

1.9%

Below average

Monthly Cash Flow

-$2,883

After all expenses

Price-to-Rent

22.8

Overpriced for rent

DSCR

0.30

Fails

📊 Key Metrics

Median Home Price
$770,954
Average Rent (3BR)
$2,860/mo
Price-to-Rent Ratio
22.8(high)
1% Rule
0.37%(fails — need 1%+)
Cash-on-Cash Return
-19.5%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
4.6%(+0.3% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
-1.15% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

1.62%

of assessed value (NY avg)

Median Income

$74,314

household (NY avg)

Rent-to-Income

46.2%

Stretched

Section 8 Max Rent

$2,860/mo

3BR voucher payment

🏛️ NY Investor Climate

Landlord Friendly

3/10

State Income Tax

Has state tax

Property Tax

1.62% effective

Population Trend

-1.15% (3yr)

🏘️ Best Zip Codes in New Rochelle for Investors

10805
Cap Rate: 3.4%Cash Flow: -$1,376/mo$552,178
10801
Cap Rate: 1.9%Cash Flow: -$2,883/mo$770,954
10804
Cap Rate: 1.2%Cash Flow: -$5,219/mo$1,216,123

All Zip Codes in New Rochelle

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
108053.4%-$1,376$552,178$2,860/mo0.53
108011.9%-$2,883$770,954$2,820/mo0.30
108041.2%-$5,219$1,216,123$3,630/mo0.19