261 Dune Rd UNIT 30Westhampton BeachNY11978
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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 Westhampton Beach at 261 Dune Rd UNIT 30, Westhampton Beach, NY, 11978 generates $5,468/mo in rent, after a $8,541/mo payment. Total monthly income is $5,468/mo. Return on cash invested sits at 4.61% in year one, and rental yield is 3.76% on a $1,745,000 entry. Equity gained on principal adds $11,260/yr, while 5% annual appreciation builds toward $482,111 over five years. Five-year ROI reaches 22.34% and total cumulative return in cash sums $126,311. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,468/mo property income rather than buyer’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$1,238 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11978, Westhampton Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,050 (100%) |
| Owner Occupied HU | 1,182 (29.2%) |
| Renter Occupied HU | 388 ( 9.6%) |
| Vacant Housing Units | 2,480 (61.2%) |
| Median Home Value | $945,122 |
| Average Home Value | $1,164,884 |
Housing Distribution
Address Breakdown
Residential
2,471
Single Family
2,461
Multi-Family
10
Businesses
521
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Listed by: Mariana Nunes - Real Estate Sales Person • Compass
Mls Name: Out East
Mls ID: #387393