20 Surfside Ave UNIT 87CMontaukNY11954
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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 Montauk at 20 Surfside Ave UNIT 87C, Montauk, NY, 11954 generates $4,214/mo in rent, after a $3,128/mo payment. Total monthly income is $4,214/mo. Return on cash invested sits at 12.01% in year one, and rental yield is 7.91% on a $639,000 entry. Equity gained on principal adds $4,123/yr, while 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 63.93% and total cumulative return in cash sums $134,404. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,214/mo property income rather than buyer’s personal income.
Condo
Built in 1982
8.60 Acres lot
$N/A/sqft
$1,356 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11954, Montauk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,614 (100%) |
| Owner Occupied HU | 1,428 (30.9%) |
| Renter Occupied HU | 429 ( 9.3%) |
| Vacant Housing Units | 2,757 (59.8%) |
| Median Home Value | $1,185,323 |
| Average Home Value | $1,305,851 |
Housing Distribution
Address Breakdown
Residential
2,732
Single Family
2,729
Multi-Family
3
Businesses
405
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