29 Fairway Pl UNIT 14MontaukNY11954
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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 Montauk at 29 Fairway Pl UNIT 14, Montauk, NY, 11954 at $1,295,000 posts ROI 8.54% with from $4,986/mo rent. Total monthly income equals $4,986/mo. Return on cash invested measures 8.54% and rental yield reads 4.62% at the current $1,295,000. Equity gained on principal adds $8,356/yr, and 5% annual appreciation supports $357,785 by year five. Five-year ROI prints 42.93% and total cumulative return in cash totals $180,114. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,986/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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 |
Housing Distribution
Address Breakdown
Residential
2,732
Single Family
2,729
Multi-Family
3
Businesses
405
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