19 Montauk Hwy #7WesthamptonNY11977
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Westhampton at 19 Montauk Hwy #7, Westhampton, NY, 11977 offers $4,927/mo rent that, after a $6,358/mo payment. Total monthly income is $4,927/mo. Return on cash invested measures 9.68% in year one, and rental yield stands at 4.55% at a $1,299,000 entry. Equity gained on principal adds $8,382/yr while 5% annual appreciation compounds into $358,890 by year five. Five-year ROI records 48.58% and total cumulative return in cash reaches $204,445. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,927/mo property income versus a $6,358/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11977, Westhampton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,739 (100%) |
| Owner Occupied HU | 894 (51.4%) |
| Renter Occupied HU | 230 (13.2%) |
| Vacant Housing Units | 615 (35.4%) |
| Median Home Value | $972,669 |
| Average Home Value | $1,125,601 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,161
Multi-Family
242
Businesses
63
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ed Gaetjens - Real Estate Sales Person • Saunders & Associates
Mls Name: Out East
Mls ID: #376689