6 Ridge WayHampton 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 6 Ridge Way, Hampton Bays, NY, 11946 earns from $5,189/mo rent with a $8,560/mo payment. Total monthly income totals $5,189/mo. ROI tracks 6.63% on current figures, and rental yield reads 3.56% at a $1,749,000 purchase. Equity gained on principal adds $11,286/yr, and 5% annual appreciation supports $483,216 over five years. Five-year ROI reaches 32.17% and total cumulative return in cash sums $182,287. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,189/mo property income instead of your personal income.
Single Family
Built in 2022
0.40 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: Jacqueline Trelease - Real Estate Sales Person • Corcoran Group
Mls Name: Out East
Mls ID: #383784