60 Miller Ln EEast 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 60 Miller Ln E, East Hampton, NY, 11937 with 5% annual appreciation on a $1,900,000 basis while $6,159/mo rent supports operations. 64% in year one. Equity gained on principal adds $12,260/yr, and five-year appreciation sums $524,935 alongside rental yield of 3.89%. Five-year ROI measures 37.62% and total cumulative return in cash totals $231,591. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,159/mo property income versus a $9,300/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
8,712 sqft 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: Lisa Jill Levitin - Real Estate Broker • Rosehip Partners, LLC
Mls Name: Out East
Mls ID: #385271