104 Fanning AveHampton BaysNY11946
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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 Hampton Bays at 104 Fanning Ave, Hampton Bays, NY, 11946 listed at $699,000 pairs $19,008/mo rent with a $3,421/mo payment to leave $14,340/mo cash flow. Total monthly income runs $19,008/mo, and annual cash flow reaches $172,085/yr on $229,971 cash to close. Return on cash invested measures 94.89% in year one, and rental yield registers 32.63% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 505.54% and total cumulative return in cash totals $1,162,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $19,008/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11946, Hampton Bays, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,147 (100%) |
| Owner Occupied HU | 4,184 (51.4%) |
| Renter Occupied HU | 1,652 (20.3%) |
| Vacant Housing Units | 2,311 (28.4%) |
| Median Home Value | $767,089 |
| Average Home Value | $877,041 |
Housing Distribution
Address Breakdown
Residential
7,191
Single Family
7,187
Multi-Family
4
Businesses
604
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Listed by: Beth Donnelly - Real Estate Sales Person • South Fork Realty
Mls Name: Out East
Mls ID: #380096