Real Estate Investing in Deer Park, New York (11729)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11729 (Deer Park, 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 Deer Park, NY (11729)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11729 Deer Park
Not every below-median market is a bargain. Deer Park's 11729 ZIP reports signals that favor experienced operators who can absorb the risk $658K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 11729 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 11729's metrics run below Suffolk County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 11729 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 11729 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 Deer Park:
Property Strategy for 11729
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $532,637 | $2,330 | 3.1% | +7.2% | $266,318 |
| 3BR | $643,913 | $3,020 | 3.4% | +9.0% | $214,638 |
| 4BR | $708,506 | $3,240 | 3.3% | +8.6% | $177,126 |
| 5BR | $743,230 | — | — | +8.5% | $148,646 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11729 Compare?
| Metric | 11729 | Deer Park | New York |
|---|---|---|---|
| Home Value | $658,163 | $658,163 | $505,608 |
| 5-Year CAGR | 5.3% | 5.3% | 6.6% |
| Avg Rent | $2,238 | $2,238 | - |
| Cap Rate | 2.7% | 2.7% | - |
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 11729 (Deer Park, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 11729 (Deer Park, NY)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Suffolk County
Manage rentals here? List your business →CXA Management provides property management services. summary from their website
Eminent Properties Ltd is a property management company. 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 | $658,163 |
| Monthly Rent | $2,238 |
| Price-to-Rent | 24.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +0.8% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 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 (2.7%). 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 11729
Population: 26,647
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 11729
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
MILTON L OLIVE MIDDLE SCHOOL
PARLIAMENT PLACE SCHOOL
WILLIAM E DELUCA JR ELEMENTARY SCHOOL
WOODS ROAD ELEMENTARY SCHOOL
LAFRANCIS HARDIMAN 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
Investor Insight: With 1,450 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Deer Park, NY?
Typical homes in Deer Park, NY go for around $658K. The 5-year CAGR of 0.0% predictable price movement.
Is Deer Park, NY a good place for real estate investing?
Deer Park, NY scores 3.0/5 for investability. Home values sit at $658K and rents near $2,238/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the tenant pool like in Deer Park, NY?
Deer Park, NY offers a stable renter base at the $2,238/mo rent level. Tenant turnover is reasonable for well-managed properties.
What strategy should investors use in Deer Park, NY?
For Deer Park, NY, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is vacancy a concern in Deer Park, NY?
Deer Park, NY sees elevated vacancy, which is reasonable relative to the broader NY rental market.
You know 11729 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 11729 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 11729 ranks in New York-Newark-Jersey City, NY-NJ-PA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 11729 (Deer Park)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 11729 (Deer Park, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.