55 Chestnut StSag HarborNY11963
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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 Sag Harbor at 55 Chestnut St, Sag Harbor, NY, 11963 with 5% annual appreciation on a $1,550,000 basis while $6,456/mo rent supports operations. 06% in year one. Equity gained on principal adds $10,002/yr, and five-year appreciation sums $428,236 alongside rental yield of 5%. Five-year ROI measures 55.97% and total cumulative return in cash totals $281,077. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,456/mo property income versus a $7,586/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11963, Sag Harbor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,962 (100%) |
| Owner Occupied HU | 2,952 (49.5%) |
| Renter Occupied HU | 684 (11.5%) |
| Vacant Housing Units | 2,326 (39.0%) |
| Median Home Value | $1,132,682 |
| Average Home Value | $1,315,119 |
Housing Distribution
Address Breakdown
Residential
4,566
Single Family
4,492
Multi-Family
74
Businesses
459
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Listed by: James Peyton - Real Estate Sales Person • Corcoran Group
Mls Name: Out East
Mls ID: #383876