10 Norton PlSouthamptonNY11968
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Southampton at 10 Norton Pl, Southampton, NY, 11968 uses $405,000 cash to close to unlock $314,542/yr annual cash flow and $26,212/mo monthly cash flow. Total monthly income runs $34,559/mo, and a $6,118/mo payment keeps the spread at $26,212/mo. Purchase price stands at $1,250,000, and rental yield measures 33.18% with $34,559/mo rent. Return on cash invested shows 98.03% in year one, and 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 522.34% and total cumulative return in cash records $2,115,481. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $34,559/mo property income covering a $6,118/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11968, Southampton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,356 (100%) |
| Owner Occupied HU | 4,450 (43.0%) |
| Renter Occupied HU | 1,385 (13.4%) |
| Vacant Housing Units | 4,521 (43.7%) |
| Median Home Value | $1,242,895 |
| Average Home Value | $1,373,377 |
Housing Distribution
Address Breakdown
Residential
8,146
Single Family
8,089
Multi-Family
57
Businesses
887
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Listed by: Joseph A. Gonzalez - Real Estate Sales Person • Corcoran Group
Mls Name: Out East
Mls ID: #381869