Real Estate Investing in East Marion, New York (11939)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11939 (East Marion, NY)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 42.8% 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 37.2 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in East Marion, NY (11939)?
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Market Analysis: 11939 East Marion
The 11939 ZIP covers a section of East Marion that demands careful diligence. Prices near $1.2M look accessible, but the work to make a deal cash flow is real.
From a cash-flow lens, the numbers look inviting — $1.2M purchase price, 0.0% nominal cap — the work to hit that pro forma in 11939 is substantial and deserves full respect.
ZIP 11939's metrics run below Suffolk's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A resilient renter share of 10% in 11939 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 11939 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 East Marion:
Market Trends
Home Value History (with trend line)
📊 How Does 11939 Compare?
| Metric | 11939 | East Marion | New York |
|---|---|---|---|
| Home Value | $1,204,830 | $1,204,830 | $505,608 |
| 5-Year CAGR | 6.0% | 6.0% | 6.6% |
| Avg Rent | $2,700 | $2,700 | - |
| Cap Rate | 1.8% | 1.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 11939 (East Marion, 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 | $1,204,830 |
| Monthly Rent | $2,700 |
| Price-to-Rent | 37.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.7% |
| Cap Rate | 1.8% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (1.8%). 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 11939
Population: 1,741
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 11939
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
GREENPORT HIGH SCHOOL
GREENPORT 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.
Frequently Asked Questions
How much rent can I charge in East Marion, NY?
The typical rental in East Marion, NY commands about $2,700/mo monthly. That rent profile consistent cash flow against the $1.2M purchase basis.
What type of investing works in East Marion, NY?
East Marion, NY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($1.2M prices, $2,700/mo rents) make it a reasonable choice.
Is real estate in East Marion, NY a good investment right now?
Yes - East Marion, NY a 3.0/5 investability score. With $1.2M home prices against $2,700/mo monthly rent, the market delivers a reasonable entry point for new investors.
What is the rental occupancy rate in East Marion, NY?
East Marion, NY carries elevated vacancy risk. Expect consistent absorption at market rents of $2,700/mo.
Does house hacking work in East Marion, NY?
House hacking in East Marion, NY is a tougher. With home values around $1.2M and rents at $2,700/mo, owner-occupants can offset a meaningful share of PITI.
You know 11939 now. You don’t know where it ranks.
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