2178 Montauk Hwy UNIT 14AmagansettNY11930
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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 Amagansett at 2178 Montauk Hwy UNIT 14, Amagansett, NY, 11930 generates $3,257/mo in rent, after a $2,687/mo payment. Total monthly income is $3,257/mo. Return on cash invested sits at 7.74% in year one, and rental yield is 7.12% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 41.68% and total cumulative return in cash sums $75,284. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,257/mo property income rather than buyer’s personal income.
Condo
Built in 1980
9.36 Acres lot
$N/A/sqft
$1,445 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: #387541