Real Estate Investing in Peconic, New York (11958)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11958 (Peconic, 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: 36.6% 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 43.4 — 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 Peconic, NY (11958)?
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Market Analysis: 11958 Peconic
The 11958 ZIP covers a section of Peconic that demands careful diligence. Prices near $1.3M look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 11958 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 11958 sits on the difficult end of the NY spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
The 11958 ZIP's population of 864 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Strategy in 11958 is an operator game, not a passive one. Turning to rents, entry prices of $1.3M are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Peconic:
Market Trends
Home Value History (with trend line)
📊 How Does 11958 Compare?
| Metric | 11958 | Peconic | New York |
|---|---|---|---|
| Home Value | $1,264,482 | $1,264,482 | $505,608 |
| 5-Year CAGR | 6.7% | 6.7% | 6.6% |
| Avg Rent | $2,430 | $2,430 | - |
| Cap Rate | 1.5% | 1.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 11958 (Peconic, 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 | $1,264,482 |
| Monthly Rent | $2,430 |
| Price-to-Rent | 43.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.3% |
| Cap Rate | 1.5% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 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 (1.5%). 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 11958
Population: 864
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 11958
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
MATTITUCK-CUTCHOGUE ELEMENTARY SCHOOL
SOUTHOLD ELEMENTARY SCHOOL
SOUTHOLD JUNIOR-SENIOR HIGH SCHOOL
About Repit School Scores
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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
Frequently Asked Questions
Is the tenant base reliable in Peconic, NY?
Peconic, NY draws a predictable base of working renters. Demand at the $2,430/mo rent level is reasonable for standard single-family and small multi rentals.
Is Peconic, NY a good market for buy-and-hold investors?
With a 3.0/5 investability score, Peconic, NY ranks as a solid market for rental property investors. Median prices of $1.3M and rents of $2,430/mo drive the underlying numbers.
Are homes affordable in Peconic, NY?
Homes in Peconic, NY typically sell near $1.3M. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
Is Peconic, NY better for rentals, flips, or BRRRR?
Investors usually favor careful cash-flow rentals with hands-on management in Peconic, NY. With home values at $1.3M and rents near $2,430/mo, other strategies can work but produce reliable rather than outsized returns.
What is it like being a landlord in Peconic, NY?
Rental owners in Peconic, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
You know 11958 now. You don’t know where it ranks.
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How 11958 ranks in New York-Newark-Jersey City, NY-NJ-PA
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