2148 Montauk Hwy C04-FLOOR C04AmagansettNY11930
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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 Amagansett at 2148 Montauk Hwy C04-FLOOR C04, Amagansett, NY, 11930 listed at $1,200,000 pairs $4,290/mo rent with a $5,873/mo payment. Total monthly income runs $4,290/mo. Return on cash invested measures 3.5% in year one, and rental yield registers 4.29% at a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and annual property appreciation at 5% supports $331,538 by year five. Five-year ROI tracks 17.36% and total cumulative return in cash totals $67,511. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,290/mo property income relative to a $5,873/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1982
5.60 Acres lot
$N/A/sqft
$1,742 monthly 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
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Listed by: Kenneth C. Kalafut - Real Estate Sales Person • Dune Resorts Realty LLC
Mls Name: Out East
Mls ID: #389574