46 Norfolk DrEast 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
Investment property for sale in East Hampton at 46 Norfolk Dr, East Hampton, NY, 11937 listed at $1,625,000 pairs $6,329/mo rent with a $7,954/mo payment. Total monthly income runs $6,329/mo. Return on cash invested measures 10.06% in year one, and rental yield registers 4.67% at a $1,625,000 basis. Equity gained on principal adds $10,486/yr, and annual property appreciation at 5% supports $448,958 by year five. Five-year ROI tracks 50.6% and total cumulative return in cash totals $266,404. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,329/mo property income relative to a $7,954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
0.49 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: Hara Kang - Associate Real Estate Broker • Douglas Elliman Real Estate
Mls Name: Out East
Mls ID: #383212