29 Fairway Pl, Montauk, NY, 11954 | 4.3% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Montauk at 29 Fairway Pl, Montauk, NY, 11954 with 5% annual appreciation on a $1,295,000 basis while $4,640/mo rent supports operations. 55% in year one. Equity gained on principal adds $8,356/yr, and five-year appreciation sums $357,785 alongside rental yield of 4.3%. Five-year ROI measures 37.62% and total cumulative return in cash totals $157,830. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,640/mo property income versus a $6,338/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1980

N/A lot

$N/A/sqft

$475 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 11954, Montauk, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,614 (100%)
Owner Occupied HU	1,428 (30.9%)
Renter Occupied HU	429 ( 9.3%)
Vacant Housing Units	2,757 (59.8%)
Median Home Value	$1,185,323
Average Home Value	$1,305,851