46 Rampasture Rd #5Hampton 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 46 Rampasture Rd #5, Hampton Bays, NY, 11946 offers $2,969/mo rent that, after a $1,463/mo payment, leaves $973/mo cash flow. Total monthly income is $2,969/mo, and annual cash flow is $11,673/yr on $99,119 cash. Return on cash invested measures 31.69% in year one, and rental yield stands at 11.92% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 166.63% and total cumulative return in cash reaches $165,166. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,969/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1920
N/A 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: Bridget Terry - Real Estate Sales Person • Compass
Mls Name: Out East
Mls ID: #385234