15 Oak LaneHampton BaysNY11946
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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 Hampton Bays at 15 Oak Lane, Hampton Bays, NY, 11946 priced at $1,499,000 converts $5,809/mo rent into after a $7,337/mo obligation. Total monthly income equals $5,809/mo. Return on cash invested prints 9.99% in year one, and rental yield reads 4.65% against a $1,499,000 entry. Equity gained on principal adds $9,673/yr, while 5% annual appreciation compiles into $414,146 by year five. Five-year ROI reaches 50.21% and total cumulative return in cash sums $243,837. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,809/mo property income covering a $7,337/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11946, Hampton Bays, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,147 (100%) |
| Owner Occupied HU | 4,184 (51.4%) |
| Renter Occupied HU | 1,652 (20.3%) |
| Vacant Housing Units | 2,311 (28.4%) |
| Median Home Value | $767,089 |
| Average Home Value | $877,041 |
Housing Distribution
Address Breakdown
Residential
7,191
Single Family
7,187
Multi-Family
4
Businesses
604
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Listed by: Stephen T. Gevinski • BERKSHIRE HATHAWAY
Mls Name: OneKey MLS
Mls ID: #907762