34 Montauk Hwy #5WesthamptonNY11977
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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 at 34 Montauk Hwy #5, Westhampton, NY, 11977 generates $4,792/mo in rent, after a $3,793/mo payment. Total monthly income is $4,792/mo. Return on cash invested sits at 14.12% in year one, and rental yield is 7.42% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 73.88% and total cumulative return in cash sums $188,383. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,792/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$880 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11977, Westhampton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,739 (100%) |
| Owner Occupied HU | 894 (51.4%) |
| Renter Occupied HU | 230 (13.2%) |
| Vacant Housing Units | 615 (35.4%) |
| Median Home Value | $972,669 |
| Average Home Value | $1,125,601 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,161
Multi-Family
242
Businesses
63
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Listed by: Jennifer Reiner - Real Estate Sales Person • SERHANT.
Mls Name: Out East
Mls ID: #383833