19 Montauk Hwy UNIT 2WesthamptonNY11977
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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 Westhampton at 19 Montauk Hwy UNIT 2, Westhampton, NY, 11977 with 5% annual appreciation on a $795,000 basis while $6,689/mo rent supports operations. Total monthly income totals $6,689/mo and a $3,891/mo payment preserves $730/mo for cash returns. Annual cash flow comes to $8,763/yr on $261,555 deployed, and return on cash invested reaches 23.41% in year one. Equity gained on principal adds $5,130/yr, and five-year appreciation sums $219,644 alongside rental yield of 10.1%. Five-year ROI measures 123.32% and total cumulative return in cash totals $322,546.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,689/mo property income versus a $3,891/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2023
1.40 Acres lot
$N/A/sqft
$650 monthly 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
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Listed by: Ed Gaetjens - Real Estate Sales Person • Saunders & Associates
Mls Name: Out East
Mls ID: #376601