350 West DrSoutholdNY11971
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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 Southold at 350 West Dr, Southold, NY, 11971 earns from $6,502/mo rent with a $6,828/mo payment. Total monthly income totals $6,502/mo. ROI tracks 12.9% on current figures, and rental yield reads 5.59% at a $1,395,000 purchase. Equity gained on principal adds $9,002/yr, and 5% annual appreciation supports $385,413 over five years. Five-year ROI reaches 65.82% and total cumulative return in cash sums $297,478. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,502/mo property income instead of your personal income.
Single Family
Built in 1998
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11971, Southold, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,335 (100%) |
| Owner Occupied HU | 2,232 (51.5%) |
| Renter Occupied HU | 421 ( 9.7%) |
| Vacant Housing Units | 1,682 (38.8%) |
| Median Home Value | $805,816 |
| Average Home Value | $905,335 |
Housing Distribution
Address Breakdown
Residential
3,098
Single Family
3,056
Multi-Family
42
Businesses
361
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