Real Estate Investing in East Hills, New York (11577)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11577 (East Hills, 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.
- High price-to-rent: Price-to-rent ratio 43.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in East Hills, NY (11577)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11577 East Hills
The 11577 ZIP in East Hills, NY is a local-operator market. Outside capital chasing a $1.4M entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 11577 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in East Hills have seen price recovery that 11577 has not matched. Nassau County data supports the view that the spread is structural rather than temporary.
On the rental side, 12,771 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.
The 11577 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in East Hills:
Property Strategy for 11577
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $1,141,471 | $3,880 | 2.4% | +7.4% | $380,490 |
| 4BR | $1,438,335 | $4,100 | 2.1% | +8.3% | $359,584 |
| 5BR | $2,262,732 | — | — | +8.7% | $452,546 |
Market Trends
Home Value History (with trend line)
📊 How Does 11577 Compare?
| Metric | 11577 | East Hills | New York |
|---|---|---|---|
| Home Value | $1,417,874 | $1,417,874 | $505,608 |
| 5-Year CAGR | 7.3% | 7.3% | 6.6% |
| Avg Rent | $2,691 | $2,691 | - |
| Cap Rate | 1.5% | 1.5% | - |
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 11577 (East Hills, 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 | $1,417,874 |
| Monthly Rent | $2,691 |
| Price-to-Rent | 43.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.3% |
| Cap Rate | 1.5% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +8.6% ▲ |
| 3-Year CAGR | +8.4% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 (1.5%). 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 11577
Population: 12,771
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 11577
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CARLE PLACE MIDDLE SENIOR HIGH SCHOOL
CENTER STREET SCHOOL
JACKSON AVENUE SCHOOL
MANHASSET MIDDLE SCHOOL
NORTH SIDE 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 1,021 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How deep is the rental pool in East Hills, NY?
The tenant pool in East Hills, NY is solid, supported by local employment and population fundamentals. Rents of $2,691/mo are well-absorbed by the market.
What is the typical vacancy rate in East Hills, NY?
East Hills, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What are home prices like in East Hills, NY?
The median home value in East Hills, NY is roughly $1.4M. That puts it reasonable relative to the NY statewide average.
Are eviction rules reasonable in East Hills, NY?
For rental operators, East Hills, NY rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
Does a duplex house hack pencil in East Hills, NY?
For house hackers, East Hills, NY is a tougher. The $2,691/mo rent on a unit helps defray the mortgage on a $1.4M property.
You know 11577 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 11577 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 11577 ranks in New York-Newark-Jersey City, NY-NJ-PA
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