| Unit Size | FY 2026 FMR |
|---|---|
| Studio (0 Bedroom) | $1,670 |
| 1 Bedroom | $2,020 |
| 2 Bedrooms | $2,330 |
| 3 Bedrooms | $3,020 |
| 4 Bedrooms | $3,240 |
Location: Nassau-Suffolk, NY
Metro Area: Nassau-Suffolk, NY HUD Metro FMR Area
Explore Section 8 payment standards in neighboring areas:
Cities Covered: This ZIP code covers Mattituck.
FMR Rates (FY 2026):
Studio: $1,670 | 1BR: $2,020 | 2BR: $2,330 | 3BR: $3,020 | 4BR: $3,240
Median Property Prices & 1% Rule Analysis:
Market Overview: The 11952 ZIP code is a suburban area in Suffolk County, with a mix of young professionals (40%), long-time residents (35%), and families (25%). Vacancy rates remain tight at 2-3%, driven by limited new construction and steady job growth in nearby employment centers. Rents have risen 5-7% year-over-year, fueled by inflation, population growth, and a strong local economy. The area is experiencing a growth phase, with developers building new single-family homes and townhouses to meet demand.
Investment Takeaway: Purchase prices in the $350-500k range allow gross rents to approach the 1% rule for well-selected properties. Cash-flow investors can target 7-9% gross yield on 2BR units in the $280-350k segment, with the best returns coming from turnkey rentals or light rehabs that can command top-tier rents ($1,800+ for 2BR). Long-term investors should prioritize properties near major employers, transit hubs, and established neighborhoods with stable occupancy. Budget 10-12% of purchase price annually for maintenance, property taxes, and vacancy reserves to ensure positive cash flow. Short-term investors should focus on 2BR units in the $280-350k range; long-term investors can consider 3BR properties in the $375-475k segment if rents exceed $2,500/month.
Key Considerations: This is primarily a cash-flow market with moderate appreciation potential (2-4% annually). Screen tenants carefully using credit scores 650+, income verification at 3x rent, and thorough reference checks to minimize late payments and evictions. Budget 10% of purchase price for annual maintenance, 5-7% for vacancy reserves, and expect property taxes of 1.8-2.2% of assessed value. Late or unpaid rent is the dominant risk in this market, so tenant quality trumps cosmetic upgrades. Consider professional property management (8-10% of rent) if investing remotely, but note that hands-on landlords who can maintain properties cost-effectively will achieve the highest net yields.