47 Harbor View 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
Rental property for sale in East Hampton at 47 Harbor View Dr, East Hampton, NY, 11937 offers $8,765/mo rent that, after a $6,192/mo payment, leaves $317/mo cash flow. Total monthly income is $8,765/mo, and annual cash flow is $3,805/yr on $409,860 cash. Return on cash invested measures 21.3% in year one, and rental yield stands at 8.31% at a $1,265,000 entry. Equity gained on principal adds $8,163/yr while 5% annual appreciation compounds into $349,496 by year five. Five-year ROI records 110.86% and total cumulative return in cash reaches $454,363. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,765/mo property income versus a $6,192/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.51 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: N/A • N/A
Mls Name: Out East
Mls ID: #388561