59 Brittany LnWesthampton BeachNY11978
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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 Westhampton Beach at 59 Brittany Ln, Westhampton Beach, NY, 11978 priced at $975,000 converts $7,484/mo rent into $245/mo cash flow after a $4,772/mo obligation. Total monthly income equals $7,484/mo, and annual cash flow totals $2,943/yr on $320,775 invested. Return on cash invested prints 20.98% in year one, and rental yield reads 9.21% against a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation compiles into $269,375 by year five. Five-year ROI reaches 110.18% and total cumulative return in cash sums $353,427. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,484/mo property income covering a $4,772/mo payment, not borrower’s personal income.
Condo
Built in 1987
11 Acres lot
$N/A/sqft
$728 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11978, Westhampton Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,050 (100%) |
| Owner Occupied HU | 1,182 (29.2%) |
| Renter Occupied HU | 388 ( 9.6%) |
| Vacant Housing Units | 2,480 (61.2%) |
| Median Home Value | $945,122 |
| Average Home Value | $1,164,884 |
Housing Distribution
Address Breakdown
Residential
2,471
Single Family
2,461
Multi-Family
10
Businesses
521
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Listed by: Mary Mohrman - Real Estate Sales Person • Morley Real Estate
Mls Name: Out East
Mls ID: #387394