142 W Scott Drive #142WesthamptonNY11977
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Westhampton rentals match the income profile of 142 W Scott Drive #142, Westhampton, NY, 11977. Listed at $960,000, gross rent is $43,200/mo and net cash flow is $35,851/mo, a 54% yield well above national averages. DSCR 10.01 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $265,230 by year five with $8,842/yr in annual principal reduction, projecting $2,677,127 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 54% | 6.2% |
| Monthly Cash Flow | $35,851 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $43,200 |
| Total Monthly Debt Service | $6,967 |
| DSCR Ratio | 6.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2006
2,892 sqft lot
$N/A/sqft
$938 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11977, Westhampton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,739 (100%) |
| Owner Occupied HU | 894 (51.4%) |
| Renter Occupied HU | 230 (13.2%) |
| Vacant Housing Units | 615 (35.4%) |
| Median Home Value | $972,669 |
| Average Home Value | $1,125,601 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,161
Multi-Family
242
Businesses
63
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2006
2,892 sqft lot
$N/A/sqft
$938 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11977, Westhampton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,739 (100%) |
| Owner Occupied HU | 894 (51.4%) |
| Renter Occupied HU | 230 (13.2%) |
| Vacant Housing Units | 615 (35.4%) |
| Median Home Value | $972,669 |
| Average Home Value | $1,125,601 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,161
Multi-Family
242
Businesses
63
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Colleen Kotsovos • Gateway to The Hamptons R E
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3584882
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-27 23:43:23 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)