Real Estate Investing in Pine Island, New York (10969)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 10969 (Pine Island, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Pine Island, NY (10969)?
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Market Analysis: 10969 Pine Island
The 10969 ZIP in Pine Island, NY is a local-operator market. Outside capital chasing a $498K entry has to pair deep knowledge with the discount.
For an experienced owner, 10969 can be a worth a close look for hunting ground — but the discount at $498K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 10969 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 10969 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 10969 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 Pine Island:
Property Strategy for 10969
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $459,322 | $2,480 | 3.9% | +8.3% | $153,107 |
| 4BR | $599,974 | $2,680 | 3.2% | — | $149,994 |
Market Trends
Home Value History (with trend line)
📊 How Does 10969 Compare?
| Metric | 10969 | Pine Island | Poughkeepsie-Newburgh-Middletown, NY | New York |
|---|---|---|---|---|
| Home Value | $497,788 | $497,788 | N/A | $505,608 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 6.6% |
| Avg Rent | $1,764 | $1,764 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
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 10969 (Pine Island, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $497,788 |
| Monthly Rent | $1,764 |
| Price-to-Rent | 23.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (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 10969
Population: 1,333
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
🎓 Nearby Colleges & Universities
Investor Insight: With 1,348 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong are rents in Pine Island, NY?
Rent in Pine Island, NY is around $1,764/mo. The resulting rent-to-value relationship with $498K pricing is reasonable for most investor models.
What is the rental occupancy rate in Pine Island, NY?
Rental vacancy in Pine Island, NY is elevated. Investors should budget normal turnover but not chronic empty units.
What is the investability score for Pine Island, NY?
With a 3.0/5 investability score, Pine Island, NY ranks as a solid market for rental property investors. Median prices of $498K and rents of $1,764/mo drive the underlying numbers.
What strategy should investors use in Pine Island, NY?
In Pine Island, NY the robust play is typically careful cash-flow rentals with hands-on management. The combination of $498K prices and $1,764/mo rents suits that approach.
How landlord-friendly is Pine Island, NY?
NY ranks as a tenant-protective state for landlord-tenant law. Pine Island generally follows the statewide framework, so landlords face reasonable operating rules.
You know 10969 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 10969 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 10969 ranks in Poughkeepsie-Newburgh-Middletown, NY
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