220 Montauk HwySpeonkNY11972
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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 Speonk at 220 Montauk Hwy, Speonk, NY, 11972 offers $4,114/mo rent that, after a $2,344/mo payment, leaves $916/mo cash flow. Total monthly income is $4,114/mo, and annual cash flow is $10,989/yr on $158,789 cash. Return on cash invested measures 26.83% in year one, and rental yield stands at 10.31% at a $479,000 entry. Equity gained on principal adds $3,091/yr while 5% annual appreciation compounds into $132,339 by year five. Five-year ROI records 140.59% and total cumulative return in cash reaches $223,239. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,114/mo property income versus a $2,344/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
871.20 sqft 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
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