42 Tanners Neck LaneWesthamptonNY11977
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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 Westhampton at 42 Tanners Neck Lane, Westhampton, NY, 11977 at $1,950,000 posts ROI 7.43% with from $6,208/mo rent. Total monthly income equals $6,208/mo. Return on cash invested measures 7.43% and rental yield reads 3.82% at the current $1,950,000. Equity gained on principal adds $12,583/yr, and 5% annual appreciation supports $538,749 by year five. Five-year ROI prints 36.47% and total cumulative return in cash totals $230,441. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,208/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11977, Westhampton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,739 (100%) |
| Owner Occupied HU | 894 (51.4%) |
| Renter Occupied HU | 230 (13.2%) |
| Vacant Housing Units | 615 (35.4%) |
| Median Home Value | $972,669 |
| Average Home Value | $1,125,601 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,161
Multi-Family
242
Businesses
63
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Listed by: Jacqueline P. Nett • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #937106