5 Lake WayWesthampton BeachNY11978
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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 Beach at 5 Lake Way, Westhampton Beach, NY, 11978 at $1,799,000 posts ROI 10.64% with from $7,289/mo rent. Total monthly income equals $7,289/mo. Return on cash invested measures 10.64% and rental yield reads 4.86% at the current $1,799,000. Equity gained on principal adds $11,609/yr, and 5% annual appreciation supports $497,031 by year five. Five-year ROI prints 53.71% and total cumulative return in cash totals $313,065. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,289/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11978, Westhampton Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,050 (100%) |
| Owner Occupied HU | 1,182 (29.2%) |
| Renter Occupied HU | 388 ( 9.6%) |
| Vacant Housing Units | 2,480 (61.2%) |
| Median Home Value | $945,122 |
| Average Home Value | $1,164,884 |
Housing Distribution
Address Breakdown
Residential
2,471
Single Family
2,461
Multi-Family
10
Businesses
521
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Listed by: Jon Holderer - Real Estate Sales Person • Douglas Elliman Real Estate
Mls Name: Out East
Mls ID: #381740