13 Diane DrEast HamptonNY11937
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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 East Hampton at 13 Diane Dr, East Hampton, NY, 11937 uses $567,000 cash to close to unlock $30,938/yr annual cash flow and $2,578/mo monthly cash flow. Total monthly income runs $14,264/mo, and a $8,565/mo payment keeps the spread at $2,578/mo. Purchase price stands at $1,750,000, and rental yield measures 9.78% with $14,264/mo rent. Return on cash invested shows 25.83% in year one, and 5% annual appreciation builds toward $483,493 over five years. Five-year ROI reaches 135.13% and total cumulative return in cash records $766,209. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $14,264/mo property income covering a $8,565/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11937, East Hampton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,213 (100%) |
| Owner Occupied HU | 6,209 (47.0%) |
| Renter Occupied HU | 1,540 (11.7%) |
| Vacant Housing Units | 5,464 (41.4%) |
| Median Home Value | $1,090,360 |
| Average Home Value | $1,265,490 |
Housing Distribution
Address Breakdown
Residential
10,889
Single Family
10,683
Multi-Family
206
Businesses
856
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Listed by: Robert Stearns - Real Estate Sales Person • Brown Harris Stevens
Mls Name: Out East
Mls ID: #379777