143 Majors PathSouthamptonNY11968
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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 Southampton at 143 Majors Path, Southampton, NY, 11968 offers a 8.48% rental yield on a $999,000 purchase with $7,056/mo rent. Total monthly income registers $7,056/mo, and a $4,890/mo payment leaves $384/mo available for distribution. Annual cash flow reaches $4,613/yr on $328,671 to close, and return on cash invested stands at 21.46% in year one. Equity gained on principal adds $6,446/yr while 5% annual appreciation supports $276,005 over five years. Portfolio math shows five-year ROI at 111.8% and total cumulative return in cash at $367,442. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,056/mo property income against a $4,890/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11968, Southampton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,356 (100%) |
| Owner Occupied HU | 4,450 (43.0%) |
| Renter Occupied HU | 1,385 (13.4%) |
| Vacant Housing Units | 4,521 (43.7%) |
| Median Home Value | $1,242,895 |
| Average Home Value | $1,373,377 |
Housing Distribution
Address Breakdown
Residential
8,146
Single Family
8,089
Multi-Family
57
Businesses
887
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Listed by: Garrett Pike - Real Estate Sales Person • Corcoran Group
Mls Name: Out East
Mls ID: #391094