17 Elizabeth #17Sag 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
Investment property for sale in Sag Harbor at 17 Elizabeth #17, Sag Harbor, NY, 11963 uses $417,960 cash to close to unlock $226,626/yr annual cash flow and $18,886/mo monthly cash flow. Total monthly income runs $27,500/mo, and a $6,314/mo payment keeps the spread at $18,886/mo. Purchase price stands at $1,290,000, and rental yield measures 25.58% with $27,500/mo rent. Return on cash invested shows 74.59% in year one, and 5% annual appreciation builds toward $356,403 over five years. Five-year ROI reaches 396.64% and total cumulative return in cash records $1,657,784. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $27,500/mo property income covering a $6,314/mo payment rather than investor’s personal income.
Condo
Built in 1902
N/A 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: Anthony J. Marr • Brown Harris Stevens Hamptons
Mls Name: OneKey MLS
Mls ID: #904733