17 Underhill DrSouthamptonNY11968
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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 Southampton at 17 Underhill Dr, Southampton, NY, 11968 priced at $1,450,000 converts $43,200/mo rent into $33,517/mo cash flow after a $7,097/mo obligation. Total monthly income equals $43,200/mo, and annual cash flow totals $402,206/yr on $469,800 invested. Return on cash invested prints 105.98% in year one, and rental yield reads 35.75% against a $1,450,000 entry. Equity gained on principal adds $9,357/yr, while 5% annual appreciation compiles into $400,608 by year five. Five-year ROI reaches 564.97% and total cumulative return in cash sums $2,654,229. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $43,200/mo property income covering a $7,097/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11968, Southampton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,356 (100%) |
| Owner Occupied HU | 4,450 (43.0%) |
| Renter Occupied HU | 1,385 (13.4%) |
| Vacant Housing Units | 4,521 (43.7%) |
| Median Home Value | $1,242,895 |
| Average Home Value | $1,373,377 |
Housing Distribution
Address Breakdown
Residential
8,146
Single Family
8,089
Multi-Family
57
Businesses
887
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Listed by: Denise E Rosko - Real Estate Broker • Hamptons Realty Associates LLC
Mls Name: Out East
Mls ID: #379694