41 Lovell 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 41 Lovell Rd, Hampton Bays, NY, 11946 generates $8,202/mo in rent and, after a $4,890/mo payment, leaves $1,530/mo in cash flow. Total monthly income is $8,202/mo, and annual cash flow is $18,365/yr on $328,671 invested. Return on cash invested sits at 25.65% in year one, and rental yield is 9.85% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 134.23% and total cumulative return in cash sums $441,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,202/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
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: Sean Manning - Real Estate Broker • OverSouth
Mls Name: Out East
Mls ID: #383765