Real Estate Investing in Uniondale, New York (11553)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11553 (Uniondale, 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 Uniondale, NY (11553)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11553 Uniondale
ZIP 11553 inside Nassau County looks affordable on the surface — median value of $685K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 11553 can be a a solid fit for hunting ground — but the discount at $685K reflects genuine risk that outside investors often underestimate.
Meanwhile, 11553 offers a low basis, the region around Uniondale has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 11553 includes headwinds that any investor should price in. Income distribution skews lower than Uniondale averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 11553 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 Uniondale:
Property Strategy for 11553
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $562,583 | $2,740 | 3.5% | +7.4% | $281,291 |
| 3BR | $638,233 | $3,550 | 4.0% | +7.1% | $212,744 |
| 4BR | $672,399 | $3,760 | 4.0% | +7.4% | $168,100 |
| 5BR | $733,561 | — | — | +7.3% | $146,712 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11553 Compare?
| Metric | 11553 | Uniondale | New York |
|---|---|---|---|
| Home Value | $685,324 | $342,662 | $505,608 |
| 5-Year CAGR | 6.3% | 6.3% | 6.6% |
| Avg Rent | $3,492 | $3,492 | - |
| Cap Rate | 4.0% | 4.0% | - |
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 11553 (Uniondale, NY). Anonymous, moderated, never written by AI.
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Property managers serving Nassau County
Manage rentals here? List your business →Bell Realty Management, Inc. is a premier management company for apartment houses, retail, office, mixed-use, and various commercial properties in NYC and Long Island. summary from their website
Cain Realty Management Corp. is a family-owned and operated industrial and commercial property management company in Plainview, NY. summary from their website
Boraie Development creates and manages visionary communities in New Jersey's urban centers, focusing on transformative projects. 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 | $685,324 |
| Monthly Rent | $3,492 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 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 (4.0%). 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 11553
Population: 28,344
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 11553
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CENTENNIAL AVENUE ELEMENTARY SCHOOL
LAWRENCE ROAD MIDDLE SCHOOL
MEADOWBROOK ELEMENTARY SCHOOL
PARKWAY SCHOOL
ROOSEVELT MIDDLE 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
Investor Insight: With 719 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Can owner-occupants cash flow in Uniondale, NY?
Uniondale, NY is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $685K price point reasonable to enter.
How should investors approach Uniondale, NY?
In Uniondale, NY the significant play is typically careful cash-flow rentals with hands-on management. The combination of $685K prices and $3,492/mo rents suits that approach.
How much should I expect to pay for a home in Uniondale, NY?
Expect median prices around $685K in Uniondale, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.
Is Uniondale in NY worth investing in?
Our data puts Uniondale, NY at 3.0/5 for investability. Home prices of $685K and rents around $3,492/mo create a solid backdrop for investor activity.
Are eviction rules reasonable in Uniondale, NY?
For rental operators, Uniondale, NY rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
You know 11553 now. You don’t know where it ranks.
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How 11553 ranks in New York-Newark-Jersey City, NY-NJ-PA
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