3A Suffolk RdHampton BaysNY11946
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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 Hampton Bays at 3A Suffolk Rd, Hampton Bays, NY, 11946 priced at $1,375,000 converts $5,214/mo rent into after a $6,730/mo obligation. Total monthly income equals $5,214/mo. Return on cash invested prints 9.68% in year one, and rental yield reads 4.55% against a $1,375,000 entry. Equity gained on principal adds $8,873/yr, while 5% annual appreciation compiles into $379,887 by year five. Five-year ROI reaches 48.55% and total cumulative return in cash sums $216,282. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,214/mo property income covering a $6,730/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.34 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: Vincent Pescatore - Real Estate Sales Person • Saunders & Associates
Mls Name: Out East
Mls ID: #391639