620 Montauk Highway #42Westhampton 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
Investment property for sale in Westhampton Beach at 620 Montauk Highway #42, Westhampton Beach, NY, 11978 uses $49,725 cash to close to unlock $56,382/yr annual cash flow and $4,699/mo monthly cash flow. Total monthly income runs $5,700/mo, and a $734/mo payment keeps the spread at $4,699/mo. Purchase price stands at $150,000, and rental yield measures 45.6% with $5,700/mo rent. Return on cash invested shows 133.3% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 711.57% and total cumulative return in cash records $353,826. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,700/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
N/A 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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Listed by: Viviana N. Smith • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3531633
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-27 23:48:24 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)