39 Barnes AveEast HamptonNY11937
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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 East Hampton at 39 Barnes Ave, East Hampton, NY, 11937 generates $11,657/mo in rent and, after a $6,338/mo payment, leaves $3,010/mo in cash flow. Total monthly income is $11,657/mo, and annual cash flow is $36,115/yr on $419,580 invested. Return on cash invested sits at 28.98% in year one, and rental yield is 10.8% on a $1,295,000 entry. Equity gained on principal adds $8,356/yr, while 5% annual appreciation builds toward $357,785 over five years. Five-year ROI reaches 152.03% and total cumulative return in cash sums $637,878. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $11,657/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11937, East Hampton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,213 (100%) |
| Owner Occupied HU | 6,209 (47.0%) |
| Renter Occupied HU | 1,540 (11.7%) |
| Vacant Housing Units | 5,464 (41.4%) |
| Median Home Value | $1,090,360 |
| Average Home Value | $1,265,490 |
Housing Distribution
Address Breakdown
Residential
10,889
Single Family
10,683
Multi-Family
206
Businesses
856
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Listed by: Diane Shifman - Real Estate Sales Person • Compass
Mls Name: Out East
Mls ID: #382961