21 Payne AveSag HarborNY11963
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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 Sag Harbor at 21 Payne Ave, Sag Harbor, NY, 11963 at $1,995,000 posts ROI 84.75% with $34,676/mo cash flow from $47,999/mo rent. Total monthly income equals $47,999/mo, and annual cash flow records $416,115/yr on $646,380 to close. Return on cash invested measures 84.75% and rental yield reads 28.87% at the current $1,995,000. Equity gained on principal adds $12,873/yr, and 5% annual appreciation supports $551,182 by year five. Five-year ROI prints 451.09% and total cumulative return in cash totals $2,915,745.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $47,999/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11963, Sag Harbor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,962 (100%) |
| Owner Occupied HU | 2,952 (49.5%) |
| Renter Occupied HU | 684 (11.5%) |
| Vacant Housing Units | 2,326 (39.0%) |
| Median Home Value | $1,132,682 |
| Average Home Value | $1,315,119 |
Housing Distribution
Address Breakdown
Residential
4,566
Single Family
4,492
Multi-Family
74
Businesses
459
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Listed by: John P. Vitello - Real Estate Sales Person • Brown Harris Stevens
Mls Name: Out East
Mls ID: #382550