61 Rogers AveWesthampton 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 61 Rogers Ave, Westhampton Beach, NY, 11978 offers $8,945/mo rent that, after a $6,260/mo payment, leaves $404/mo cash flow. Total monthly income is $8,945/mo, and annual cash flow is $4,849/yr on $414,396 cash. Return on cash invested measures 21.54% in year one, and rental yield stands at 8.39% at a $1,279,000 entry. Equity gained on principal adds $8,253/yr while 5% annual appreciation compounds into $353,364 by year five. Five-year ROI records 112.15% and total cumulative return in cash reaches $464,758. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,945/mo property income versus a $6,260/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.48 Acres lot
$N/A/sqft
No 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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Nearby investment properties with comparable prices
Listed by: Lawrence Citarelli - Real Estate Broker • First Hampton International Realty
Mls Name: Out East
Mls ID: #384138