143 Scott Dr WWesthamptonNY11977
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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
Rental property for sale in Westhampton at 143 Scott Dr W, Westhampton, NY, 11977 priced at $999,950 converts $5,910/mo rent into after a $4,894/mo obligation. Total monthly income equals $5,910/mo. Return on cash invested prints 17.26% in year one, and rental yield reads 7.09% against a $999,950 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation compiles into $276,268 by year five. Five-year ROI reaches 89.26% and total cumulative return in cash sums $293,640. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,910/mo property income covering a $4,894/mo payment, not borrower’s personal income.
Condo
Built in N/A
3,049 sqft lot
$N/A/sqft
No 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
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Listed by: Tim Tillman - Real Estate Sales Person • Daniel Gale Sotheby's International Realty
Mls Name: Out East
Mls ID: #387663