Real Estate Investing in Wainscott, New York (11975)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11975 (Wainscott, NY)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 69.0% 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 47.3 — 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.
What’s happening in Wainscott, NY (11975)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11975 Wainscott
From an investor standpoint, ZIP 11975 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $3.2M median. It rewards specialists, not generalists.
Rent of $5,625/mo on a $3.2M basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 11975 sits below the stated 0.0% once reality is priced in.
In the broader NY picture, 11975 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A robust renter share of 5% in 11975 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Wainscott:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11975 Compare?
| Metric | 11975 | Wainscott | New York |
|---|---|---|---|
| Home Value | $3,194,485 | $3,194,485 | $505,608 |
| 5-Year CAGR | 1.6% | 1.6% | 6.6% |
| Avg Rent | $5,625 | $5,625 | - |
| Cap Rate | 1.4% | 1.4% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 11975 (Wainscott, 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 | $3,194,485 |
| Monthly Rent | $5,625 |
| Price-to-Rent | 47.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.1% |
| Cap Rate | 1.4% |
| 5-Year IRR | 3.0% |
📈 Home Appreciation
| 1-Year | -2.7% ▼ |
| 3-Year CAGR | -2.0% ▼ |
| 5-Year CAGR | +1.6% ▲ |
| 10-Year CAGR | +2.3% ▲ |
🏠 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 (1.4%). 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 11975
Population: 423
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 11975
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
SAGAPONACK SCHOOL
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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.
Frequently Asked Questions
Is Wainscott, NY good for landlords?
Rental owners in Wainscott, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
Does a duplex house hack pencil in Wainscott, NY?
House hacking works a tougher in Wainscott, NY. Rents of $5,625/mo against $3.2M acquisition make the strategy solid for owner-occupants.
What is the average home sale price in Wainscott, NY?
Wainscott, NY home values average about $3.2M. That price point suits investors targeting rentals with $5,625/mo in monthly income.
Should investors consider Wainscott, NY?
Wainscott, NY stands at an investability rating of 2.0/5, with median home values near $3.2M and average rents around $5,625/mo. That combination puts it in the durable tier for investor interest.
How strong is the working-renter base in Wainscott, NY?
Tenant quality in Wainscott, NY ranks as solid. Landlords generally report reliable occupancy at market rents of $5,625/mo.
You know 11975 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 11975 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 11975 ranks in New York-Newark-Jersey City, NY-NJ-PA
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