2178 Montauk Hwy UNIT 63AmagansettNY11930
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors approaching the U.S. market with capital-preservation in mind will find 2178 Montauk Hwy UNIT 63, Amagansett, NY, 11930 in Amagansett aligned with their strategy. Rental yield 7.02%. DSCR 1.41 and 7.02% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $4,780/yr in paydown build toward a projected cumulative return of $117,038.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 6.2% |
| Monthly Cash Flow | $(1,586) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,287 |
| Total Monthly Debt Service | $4,415 |
| DSCR Ratio | 0.74x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1980
9.36 Acres lot
$N/A/sqft
$1,156 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
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
Condo
Built in 1980
9.36 Acres lot
$N/A/sqft
$1,156 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kenneth C. Kalafut - Real Estate Sales Person • Dune Resorts Realty LLC
Mls Name: Out East
Mls ID: #388173