Real Estate Investing in Wading River, New York (11792)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11792 (Wading River, 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.
- Elevated vacancy: 11.9% vacancy may signal weakening demand.
- 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 Wading River, NY (11792)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11792 Wading River
The 11792 ZIP covers a section of Wading River that demands careful diligence. Prices near $757K look accessible, but the work to make a deal cash flow is real.
Rent of $3,384/mo on a $757K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 11792 sits below the stated 0.0% once reality is priced in.
Regionally, 11792 sits on the difficult end of the NY spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Demographically, 11792 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Distressed ZIPs reward experience. sturdy returns are possible in 11792, 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 Wading River:
Property Strategy for 11792
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $493,884 | $3,760 | 5.5% | +9.0% | $246,942 |
| 3BR | $649,352 | $4,880 | 5.4% | +8.9% | $216,451 |
| 4BR | $831,876 | $5,160 | 4.5% | +9.1% | $207,969 |
| 5BR | $903,075 | — | — | +9.4% | $180,615 |
Market Trends
Home Value History (with trend line)
📊 How Does 11792 Compare?
| Metric | 11792 | Wading River | New York |
|---|---|---|---|
| Home Value | $756,510 | $756,510 | $505,608 |
| 5-Year CAGR | 6.8% | 6.8% | 6.6% |
| Avg Rent | $3,384 | $3,384 | - |
| Cap Rate | 3.5% | 3.5% | - |
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 11792 (Wading River, 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 | $756,510 |
| Monthly Rent | $3,384 |
| Price-to-Rent | 18.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (3.5%). 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 11792
Population: 8,562
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 11792
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 1,805 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is NY a landlord-friendly state?
The landlord environment in Wading River, NY is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
How do experienced investors play Wading River, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Wading River, NY. The numbers - $757K homes against $3,384/mo rents - support that play.
How expensive is real estate in Wading River, NY?
The median home value in Wading River, NY is roughly $757K. That puts it reasonable relative to the NY statewide average.
How does Wading River, NY stack up for property investment?
Yes - Wading River, NY a 3.0/5 investability score. With $757K home prices against $3,384/mo monthly rent, the market delivers a reasonable entry point for new investors.
Where do rents currently stand in Wading River, NY?
Investors in Wading River, NY typically see rents near $3,384/mo per month against $757K home values - a solid setup for rental cash flow.
You know 11792 now. You don’t know where it ranks.
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How 11792 ranks in New York-Newark-Jersey City, NY-NJ-PA
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