126 S Emerson Ave UNIT 88MontaukNY11954
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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
Total monthly income runs $3,233/mo, and a $3,108/mo payment. Purchase price stands at $635,000, and rental yield measures 6.11% with $3,233/mo rent. Return on cash invested shows 14.27% in year one, and 5% annual appreciation builds toward $175,439 over five years. Five-year ROI reaches 73.23% and total cumulative return in cash records $152,996. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,233/mo property income covering a $3,108/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11954, Montauk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,614 (100%) |
| Owner Occupied HU | 1,428 (30.9%) |
| Renter Occupied HU | 429 ( 9.3%) |
| Vacant Housing Units | 2,757 (59.8%) |
| Median Home Value | $1,185,323 |
| Average Home Value | $1,305,851 |
Housing Distribution
Address Breakdown
Residential
2,732
Single Family
2,729
Multi-Family
3
Businesses
405
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