35 Suffolk RdHampton BaysNY11946
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hampton Bays at 35 Suffolk Rd, Hampton Bays, NY, 11946 offers $4,964/mo rent that, after a $6,338/mo payment. Total monthly income is $4,964/mo. Return on cash invested measures 9.84% in year one, and rental yield stands at 4.6% at a $1,295,000 entry. Equity gained on principal adds $8,356/yr while 5% annual appreciation compounds into $357,785 by year five. Five-year ROI records 49.38% and total cumulative return in cash reaches $207,198. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,964/mo property income versus a $6,338/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11946, Hampton Bays, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,147 (100%) |
| Owner Occupied HU | 4,184 (51.4%) |
| Renter Occupied HU | 1,652 (20.3%) |
| Vacant Housing Units | 2,311 (28.4%) |
| Median Home Value | $767,089 |
| Average Home Value | $877,041 |
Housing Distribution
Address Breakdown
Residential
7,191
Single Family
7,187
Multi-Family
4
Businesses
604
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Listed by: Richard Connelly - Real Estate Sales Person • Douglas Elliman Real Estate
Mls Name: Out East
Mls ID: #391474