16 Dogwood StSag HarborNY11963
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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 Sag Harbor at 16 Dogwood St, Sag Harbor, NY, 11963 priced at $1,185,000 converts $8,522/mo rent into $609/mo cash flow after a $5,800/mo obligation. Total monthly income equals $8,522/mo, and annual cash flow totals $7,305/yr on $383,940 invested. Return on cash invested prints 22.27% in year one, and rental yield reads 8.63% against a $1,185,000 entry. Equity gained on principal adds $7,647/yr, while 5% annual appreciation compiles into $327,394 by year five. Five-year ROI reaches 116.07% and total cumulative return in cash sums $445,638. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,522/mo property income covering a $5,800/mo payment, not borrower’s personal income.
Single Family
Built in 2003
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11963, Sag Harbor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,962 (100%) |
| Owner Occupied HU | 2,952 (49.5%) |
| Renter Occupied HU | 684 (11.5%) |
| Vacant Housing Units | 2,326 (39.0%) |
| Median Home Value | $1,132,682 |
| Average Home Value | $1,315,119 |
Housing Distribution
Address Breakdown
Residential
4,566
Single Family
4,492
Multi-Family
74
Businesses
459
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Listed by: Dawn Neway - Real Estate Sales Person • Douglas Elliman Real Estate
Mls Name: Out East
Mls ID: #383543