140 Three Mile Harbor RdEast 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 140 Three Mile Harbor Rd, East Hampton, NY, 11937 with 5% annual appreciation on a $1,499,000 basis while $5,072/mo rent supports operations. 17% in year one. Equity gained on principal adds $9,673/yr, and five-year appreciation sums $414,146 alongside rental yield of 4.06%. Five-year ROI measures 40.44% and total cumulative return in cash totals $196,401. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,072/mo property income versus a $7,337/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
0.56 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: Ashley J Farrell - Associate Real Estate Broker • Corcoran Group
Mls Name: Out East
Mls ID: #391066