Real Estate Investing in Rocky Point, New York (11778)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11778 (Rocky Point, NY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
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 Rocky Point, NY (11778)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11778 Rocky Point
ZIP 11778 in Rocky Point, NY carries a healthy set of headwinds. Home values near $559K and rents of $2,097/mo sit inside a market where underwriting has to be tight.
Rent of $2,097/mo on a $559K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 11778 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Rocky Point have seen price recovery that 11778 has not matched. Suffolk County data supports the view that the spread is structural rather than temporary.
The 11778 ZIP's population of 12,919 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
Distressed ZIPs reward experience. durable returns are possible in 11778, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Rocky Point:
Property Strategy for 11778
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $439,830 | $2,330 | 3.8% | +9.1% | $219,915 |
| 3BR | $540,037 | $3,020 | 4.0% | +9.1% | $180,012 |
| 4BR | $617,967 | $3,240 | 3.8% | +9.3% | $154,492 |
Market Trends
Home Value History (with trend line)
📊 How Does 11778 Compare?
| Metric | 11778 | Rocky Point | New York |
|---|---|---|---|
| Home Value | $558,708 | $558,708 | $505,608 |
| 5-Year CAGR | 6.2% | 6.2% | 6.6% |
| Avg Rent | $2,097 | $2,097 | - |
| Cap Rate | 2.9% | 2.9% | - |
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 11778 (Rocky Point, NY). Anonymous, moderated, never written by AI.
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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 | $558,708 |
| Monthly Rent | $2,097 |
| Price-to-Rent | 22.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +5.7% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (2.9%). 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 11778
Population: 12,919
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 11778
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
ALBERT G PRODELL MIDDLE SCHOOL
ANDREW MULLER PRIMARY SCHOOL
MILLER AVENUE SCHOOL
NORTH COUNTRY ROAD SCHOOL
SHOREHAM-WADING RIVER HIGH 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 2,762 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does Rocky Point, NY make sense for an investment property?
With a 3.0/5 investability score, Rocky Point, NY ranks as a solid market for rental property investors. Median prices of $559K and rents of $2,097/mo drive the underlying numbers.
Are homes affordable in Rocky Point, NY?
Rocky Point, NY home values average about $559K. That price point suits investors targeting rentals with $2,097/mo in monthly income.
What do landlords charge for rent in Rocky Point, NY?
Rent in Rocky Point, NY is around $2,097/mo. The resulting rent-to-value relationship with $559K pricing is reasonable for most investor models.
How quickly do rentals get leased in Rocky Point, NY?
Rocky Point, NY carries elevated vacancy risk. Expect consistent absorption at market rents of $2,097/mo.
Is NY a landlord-friendly state?
Landlord-friendliness in Rocky Point, NY is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 11778 now. You don’t know where it ranks.
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How 11778 ranks in New York-Newark-Jersey City, NY-NJ-PA
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