220 Montauk Hwy #45SpeonkNY11972
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 Speonk at 220 Montauk Hwy #45, Speonk, NY, 11972 uses $154,148 cash to close to unlock $9,225/yr annual cash flow and $769/mo monthly cash flow. Total monthly income runs $3,874/mo, and a $2,276/mo payment keeps the spread at $769/mo. Purchase price stands at $465,000, and rental yield measures 10% with $3,874/mo rent. Return on cash invested shows 25.89% in year one, and 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 135.58% and total cumulative return in cash records $208,991. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,874/mo property income covering a $2,276/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11972, Speonk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 417 (100%) |
| Owner Occupied HU | 280 (67.1%) |
| Renter Occupied HU | 65 (15.6%) |
| Vacant Housing Units | 72 (17.3%) |
| Median Home Value | $787,500 |
| Average Home Value | $766,250 |
Housing Distribution
Address Breakdown
Residential
17
Single Family
17
Multi-Family
0
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices