2004 Montauk #1811AmagansettNY11930
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
Investment property for sale in Amagansett at 2004 Montauk #1811, Amagansett, NY, 11930 earns $585/mo cash flow from $4,258/mo rent with a $2,692/mo payment. Total monthly income totals $4,258/mo, and annual cash flow totals $7,022/yr on $180,950 capital. ROI tracks 23.94% on current figures, and rental yield reads 9.29% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 125.09% and total cumulative return in cash sums $226,354. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,258/mo property income instead of your personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11930, Amagansett, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,106 (100%) |
| Owner Occupied HU | 701 (33.3%) |
| Renter Occupied HU | 166 ( 7.9%) |
| Vacant Housing Units | 1,239 (58.8%) |
| Median Home Value | $1,777,174 |
| Average Home Value | $1,660,842 |
Housing Distribution
Address Breakdown
Residential
50
Single Family
50
Multi-Family
0
Businesses
267
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn Neway • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #809407