141 Scuttle Hole RdWater MillNY11976
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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 $4,980/mo, and a $8,565/mo payment. Purchase price stands at $1,750,000, and rental yield measures 3.41% with $4,980/mo rent. Return on cash invested shows 6.18% in year one, and 5% annual appreciation builds toward $483,493 over five years. Five-year ROI reaches 29.77% and total cumulative return in cash records $168,789. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,980/mo property income covering a $8,565/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11976, Water Mill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,256 (100%) |
| Owner Occupied HU | 892 (39.5%) |
| Renter Occupied HU | 133 ( 5.9%) |
| Vacant Housing Units | 1,231 (54.6%) |
| Median Home Value | $1,952,555 |
| Average Home Value | $1,692,685 |
Housing Distribution
Address Breakdown
Residential
1,893
Single Family
1,893
Multi-Family
0
Businesses
261
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Listed by: Jane Gill - Real Estate Sales Person • Saunders & Associates
Mls Name: Out East
Mls ID: #382805