56 Underwood 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
Investment property for sale in East Hampton at 56 Underwood Dr, East Hampton, NY, 11937 at $1,495,000 posts ROI 8.42% with from $5,158/mo rent. Total monthly income equals $5,158/mo. Return on cash invested measures 8.42% and rental yield reads 4.14% at the current $1,495,000. Equity gained on principal adds $9,647/yr, and 5% annual appreciation supports $413,041 by year five. Five-year ROI prints 41.77% and total cumulative return in cash totals $202,309. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,158/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
0.43 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: John Cole Esposito - Real Estate Sales Person • Compass
Mls Name: Out East
Mls ID: #390857