1075 Ships DrSoutholdNY11971
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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 Southold at 1075 Ships Dr, Southold, NY, 11971 offers a 8.62% rental yield on a $1,272,727 purchase with $9,140/mo rent. Total monthly income registers $9,140/mo, and a $6,229/mo payment leaves $641/mo available for distribution. Annual cash flow reaches $7,696/yr on $412,364 to close, and return on cash invested stands at 22.24% in year one. Equity gained on principal adds $8,213/yr while 5% annual appreciation supports $351,631 over five years. Portfolio math shows five-year ROI at 115.88% and total cumulative return in cash at $477,861. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $9,140/mo property income against a $6,229/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11971, Southold, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,335 (100%) |
| Owner Occupied HU | 2,232 (51.5%) |
| Renter Occupied HU | 421 ( 9.7%) |
| Vacant Housing Units | 1,682 (38.8%) |
| Median Home Value | $805,816 |
| Average Home Value | $905,335 |
Housing Distribution
Address Breakdown
Residential
3,098
Single Family
3,056
Multi-Family
42
Businesses
361
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