2298 Main St UNIT 8BridgehamptonNY11932
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 Bridgehampton at 2298 Main St UNIT 8, Bridgehampton, NY, 11932 earns from $4,714/mo rent with a $6,608/mo payment. Total monthly income totals $4,714/mo. ROI tracks 6.36% on current figures, and rental yield reads 4.19% at a $1,350,000 purchase. Equity gained on principal adds $8,711/yr, and 5% annual appreciation supports $372,980 over five years. Five-year ROI reaches 31.55% and total cumulative return in cash sums $137,981. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,714/mo property income instead of your personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$805 monthly 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: Enzo Morabito (SAG) - Associate Real Estate Broker • Douglas Elliman Real Estate
Mls Name: Out East
Mls ID: #385889