19 Summit BlvdWesthamptonNY11977
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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 Westhampton at 19 Summit Blvd, Westhampton, NY, 11977 priced at $1,499,000 pairs $5,484/mo rent with after a $7,337/mo payment. Total monthly income equals $5,484/mo. Return on cash invested is 9.19% in year one, and rental yield stands at 4.39% on a $1,499,000 basis. Equity gained on principal adds $9,673/yr, and 5% annual appreciation accumulates to $414,146 by year five. Five-year ROI measures 45.9% and total cumulative return in cash reaches $222,921. For financing, Ziffy Mortgage’s DSCR program evaluates $5,484/mo property income against a $7,337/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.34 Acres 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
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Listed by: Bridget Terry - Real Estate Sales Person • Compass
Mls Name: Out East
Mls ID: #384692