57 Wireless RdEast HamptonNY11937
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 East Hampton at 57 Wireless Rd, East Hampton, NY, 11937 priced at $1,695,000 pairs $11,578/mo rent with $259/mo cash flow after a $8,296/mo payment. Total monthly income equals $11,578/mo, and annual cash flow comes to $3,111/yr on $549,180 invested. Return on cash invested is 20.94% in year one, and rental yield stands at 8.2% on a $1,695,000 basis. Equity gained on principal adds $10,938/yr, and 5% annual appreciation accumulates to $468,297 by year five. Five-year ROI measures 108.91% and total cumulative return in cash reaches $598,125. For financing, Ziffy Mortgage’s DSCR program evaluates $11,578/mo property income against a $8,296/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.45 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Evan Kulman - Associate Real Estate Broker • Compass
Mls Name: Out East
Mls ID: #383291