620 Montauk Hwy TRAILER 38Westhampton 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 620 Montauk Hwy TRAILER 38, Westhampton Beach, NY, 11978 generates $1,513/mo in rent and, after a $978/mo payment, leaves $179/mo in cash flow. Total monthly income is $1,513/mo, and annual cash flow is $2,142/yr on $66,267 invested. Return on cash invested sits at 23.14% in year one, and rental yield is 9.08% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 120.84% and total cumulative return in cash sums $80,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,513/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
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: Tracy Cronin - Real Estate Broker • Gold Coast Homes and Estates
Mls Name: Out East
Mls ID: #387883