6 Spruce StEast 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 6 Spruce St, East Hampton, NY, 11937 earns $2,118/mo cash flow from $8,790/mo rent with a $4,890/mo payment. Total monthly income totals $8,790/mo, and annual cash flow totals $25,421/yr on $328,671 capital. ROI tracks 27.79% on current figures, and rental yield reads 10.56% at a $999,000 purchase. Equity gained on principal adds $6,446/yr, and 5% annual appreciation supports $276,005 over five years. Five-year ROI reaches 145.75% and total cumulative return in cash sums $479,030. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,790/mo property income instead of your personal income.
Single Family
Built in 1986
0.50 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: Thomas Panebianco - Real Estate Sales Person • Realty Connect USA
Mls Name: Out East
Mls ID: #383862