56 Foster AveHampton BaysNY11946
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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 Hampton Bays at 56 Foster Ave, Hampton Bays, NY, 11946 at $690,000 posts ROI 96.18% with $14,401/mo cash flow from $19,008/mo rent. Total monthly income equals $19,008/mo, and annual cash flow records $172,806/yr on $227,010 to close. Return on cash invested measures 96.18% and rental yield reads 33.06% at the current $690,000. Equity gained on principal adds $4,452/yr, and 5% annual appreciation supports $190,634 by year five. Five-year ROI prints 512.48% and total cumulative return in cash totals $1,163,372.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $19,008/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1946
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11946, Hampton Bays, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,147 (100%) |
| Owner Occupied HU | 4,184 (51.4%) |
| Renter Occupied HU | 1,652 (20.3%) |
| Vacant Housing Units | 2,311 (28.4%) |
| Median Home Value | $767,089 |
| Average Home Value | $877,041 |
Housing Distribution
Address Breakdown
Residential
7,191
Single Family
7,187
Multi-Family
4
Businesses
604
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Listed by: Anna Greenwald - Associate Real Estate Broker • South Fork Realty
Mls Name: Out East
Mls ID: #379091