2294 Main St #6BridgehamptonNY11932
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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 Bridgehampton at 2294 Main St #6, Bridgehampton, NY, 11932 listed at $1,250,000 pairs $4,402/mo rent with a $6,118/mo payment. Total monthly income runs $4,402/mo. Return on cash invested measures 8.68% in year one, and rental yield registers 4.23% at a $1,250,000 basis. Equity gained on principal adds $8,066/yr, and annual property appreciation at 5% supports $345,352 by year five. Five-year ROI tracks 43.19% and total cumulative return in cash totals $174,901. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,402/mo property income relative to a $6,118/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11932, Bridgehampton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,901 (100%) |
| Owner Occupied HU | 690 (36.3%) |
| Renter Occupied HU | 122 ( 6.4%) |
| Vacant Housing Units | 1,089 (57.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,637,203 |
Housing Distribution
Address Breakdown
Residential
100
Single Family
100
Multi-Family
0
Businesses
323
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Listed by: Theresa Thompson - Real Estate Sales Person • Douglas Elliman Real Estate
Mls Name: Out East
Mls ID: #392783