465 Tarpon DrSoutholdNY11971
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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 Southold at 465 Tarpon Dr, Southold, NY, 11971 offers $6,065/mo rent that, after a $3,911/mo payment, leaves $729/mo cash flow. Total monthly income is $6,065/mo, and annual cash flow is $8,749/yr on $262,871 cash. Return on cash invested measures 23.39% in year one, and rental yield stands at 9.11% at a $799,000 entry. Equity gained on principal adds $5,156/yr while 5% annual appreciation compounds into $220,749 by year five. Five-year ROI records 122.12% and total cumulative return in cash reaches $321,030. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,065/mo property income versus a $3,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11971, Southold, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,335 (100%) |
| Owner Occupied HU | 2,232 (51.5%) |
| Renter Occupied HU | 421 ( 9.7%) |
| Vacant Housing Units | 1,682 (38.8%) |
| Median Home Value | $805,816 |
| Average Home Value | $905,335 |
Housing Distribution
Address Breakdown
Residential
3,098
Single Family
3,056
Multi-Family
42
Businesses
361
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