Real Estate Investing in Ocean Beach, New York (11770)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11770 (Ocean Beach, NY)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 96.1% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 53.5 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ocean Beach, NY (11770)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11770 Ocean Beach
The 11770 ZIP covers a section of Ocean Beach that demands careful diligence. Prices near $1.4M look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 11770 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
From a cash-flow lens, 11770 offers a low basis, the region around Ocean Beach has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
On balance, 124 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.
Strategically, 11770 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Ocean Beach:
Market Trends
Home Value History (with trend line)
📊 How Does 11770 Compare?
| Metric | 11770 | Ocean Beach | New York |
|---|---|---|---|
| Home Value | $1,422,535 | $1,422,535 | $505,608 |
| 5-Year CAGR | 7.1% | 7.1% | 6.6% |
| Avg Rent | $2,214 | $2,214 | - |
| Cap Rate | 1.2% | 1.2% | - |
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 11770 (Ocean Beach, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 11770 (Ocean Beach, 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 | $1,422,535 |
| Monthly Rent | $2,214 |
| Price-to-Rent | 53.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 1.9% |
| Cap Rate | 1.2% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 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 (1.2%). 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 11770
Population: 124
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 1,970 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are landlord laws favorable in Ocean Beach, NY?
NY law tenant-protective for landlords, and Ocean Beach inherits those rules. Investors should still review local ordinances for rental licensing.
Is it easy to find good tenants in Ocean Beach, NY?
Ocean Beach, NY draws a predictable base of working renters. Demand at the $2,214/mo rent level is reasonable for standard single-family and small multi rentals.
What investment strategy works best in Ocean Beach, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Ocean Beach, NY. The numbers - $1.4M homes against $2,214/mo rents - support that play.
Can I live-in-and-rent in Ocean Beach, NY?
House hacking works a tougher in Ocean Beach, NY. Rents of $2,214/mo against $1.4M acquisition make the strategy solid for owner-occupants.
How expensive is real estate in Ocean Beach, NY?
Typical homes in Ocean Beach, NY go for around $1.4M. The 5-year CAGR of 0.0% stable price movement.
You know 11770 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 11770 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.
AI Market Advisor
Ask questions about investing in 11770 (Ocean Beach)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 11770 (Ocean Beach, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.