281 Dune RdWesthampton 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 281 Dune Rd, Westhampton Beach, NY, 11978 priced at $950,000 pairs $5,170/mo rent with after a $4,650/mo payment. Total monthly income equals $5,170/mo. Return on cash invested is 15.55% in year one, and rental yield stands at 6.53% on a $950,000 basis. Equity gained on principal adds $6,130/yr, and 5% annual appreciation accumulates to $262,467 by year five. Five-year ROI measures 80.09% and total cumulative return in cash reaches $250,310. For financing, Ziffy Mortgage’s DSCR program evaluates $5,170/mo property income against a $4,650/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
No 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: Jodie Lazar - Real Estate Sales Person • Douglas Elliman Real Estate
Mls Name: Out East
Mls ID: #391124