5 Merrills RdAmagansettNY11930
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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 Amagansett at 5 Merrills Rd, Amagansett, NY, 11930 priced at $1,370,000 pairs $30,000/mo rent with $20,852/mo cash flow after a $6,705/mo payment. Total monthly income equals $30,000/mo, and annual cash flow comes to $250,222/yr on $443,880 invested. Return on cash invested is 76.74% in year one, and rental yield stands at 26.28% on a $1,370,000 basis. Equity gained on principal adds $8,840/yr, and 5% annual appreciation accumulates to $378,506 by year five. Five-year ROI measures 408.16% and total cumulative return in cash reaches $1,811,745. For financing, Ziffy Mortgage’s DSCR program evaluates $30,000/mo property income against a $6,705/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11930, Amagansett, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,106 (100%) |
| Owner Occupied HU | 701 (33.3%) |
| Renter Occupied HU | 166 ( 7.9%) |
| Vacant Housing Units | 1,239 (58.8%) |
| Median Home Value | $1,777,174 |
| Average Home Value | $1,660,842 |
Housing Distribution
Address Breakdown
Residential
50
Single Family
50
Multi-Family
0
Businesses
267
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Listed by: Maung "Htun" Han - Real Estate Broker • Hamptons Realty Group
Mls Name: Out East
Mls ID: #382923