Real Estate Investing in Syosset, New York (11791)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11791 (Syosset, 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 Syosset, NY (11791)?
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Market Analysis: 11791 Syosset
ZIP 11791 inside Nassau County looks affordable on the surface — median value of $1.2M — but the discount exists for reasons that a careful buyer should understand before committing.
From an investor standpoint, the numbers look inviting — $1.2M purchase price, 0.0% nominal cap — the work to hit that pro forma in 11791 is substantial and deserves full respect.
Within NY, ZIP 11791 trails on several market indicators that neighboring Nassau County submarkets outperform. The gap is real and notable enough to shape underwriting.
The 11791 ZIP's population of 25,194 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
Experienced landlords with local relationships tend to find 11791 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 Syosset:
Property Strategy for 11791
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $1,007,112 | $5,340 | 3.8% | +7.4% | $335,704 |
| 4BR | $1,221,041 | $5,650 | 3.3% | +7.6% | $305,260 |
| 5BR | $1,925,236 | — | — | +8.0% | $385,047 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11791 Compare?
| Metric | 11791 | Syosset | New York |
|---|---|---|---|
| Home Value | $1,222,600 | $1,222,600 | $505,608 |
| 5-Year CAGR | 6.7% | 6.7% | 6.6% |
| Avg Rent | $5,250 | $5,250 | - |
| Cap Rate | 3.4% | 3.4% | - |
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 11791 (Syosset, 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 | $1,222,600 |
| Monthly Rent | $5,250 |
| Price-to-Rent | 19.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +7.6% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 (3.4%). 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 11791
Population: 25,194
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 11791
Schools in This ZIP Code
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 2,106 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Syosset, NY rate as a rental market?
Syosset, NY scores 3.0/5 for investability. Home values sit at $1.2M and rents near $5,250/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Should investors worry about vacancy in Syosset, NY?
Vacancy in Syosset, NY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $5,250/mo.
Can owner-occupants cash flow in Syosset, NY?
Syosset, NY offers a tougher house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $5,250/mo rent level.
What investment strategy works best in Syosset, NY?
Most investors in Syosset, NY run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How strong are rents in Syosset, NY?
The typical rental in Syosset, NY commands about $5,250/mo monthly. That rent profile stable cash flow against the $1.2M purchase basis.
You know 11791 now. You don’t know where it ranks.
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How 11791 ranks in New York-Newark-Jersey City, NY-NJ-PA
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