30 Little Neck RdSouthamptonNY11968
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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 Southampton at 30 Little Neck Rd, Southampton, NY, 11968 offers $5,539/mo rent that, after a $2,135/mo payment, leaves $1,978/mo cash flow. Total monthly income is $5,539/mo, and annual cash flow is $23,737/yr on $144,600 cash. Return on cash invested measures 36.32% in year one, and rental yield stands at 15.24% at a $436,200 entry. Equity gained on principal adds $2,815/yr while 5% annual appreciation compounds into $120,514 by year five. Five-year ROI records 193.49% and total cumulative return in cash reaches $279,785. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,539/mo property income versus a $2,135/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
$648 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11968, Southampton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,356 (100%) |
| Owner Occupied HU | 4,450 (43.0%) |
| Renter Occupied HU | 1,385 (13.4%) |
| Vacant Housing Units | 4,521 (43.7%) |
| Median Home Value | $1,242,895 |
| Average Home Value | $1,373,377 |
Housing Distribution
Address Breakdown
Residential
8,146
Single Family
8,089
Multi-Family
57
Businesses
887
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Listed by: N/A • N/A
Mls Name: Out East
Mls ID: #391446