15 Fairview Ave, Westhampton Beach, NY, 11978 | $2,108/mo Cash Flow

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Westhampton Beach at 15 Fairview Ave, Westhampton Beach, NY, 11978 offers a 10.9% rental yield on a $875,000 purchase with $7,951/mo rent. Total monthly income registers $7,951/mo, and a $4,283/mo payment leaves $2,108/mo available for distribution. Annual cash flow reaches $25,291/yr on $287,875 to close, and return on cash invested stands at 28.85% in year one. Equity gained on principal adds $5,646/yr while 5% annual appreciation supports $241,746 over five years. Portfolio math shows five-year ROI at 151.37% and total cumulative return in cash at $435,767. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,951/mo property income against a $4,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1954

0.46 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 11978, Westhampton Beach, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,050 (100%)
Owner Occupied HU	1,182 (29.2%)
Renter Occupied HU	388 ( 9.6%)
Vacant Housing Units	2,480 (61.2%)
Median Home Value	$945,122
Average Home Value	$1,164,884