70 Fanning AveHampton BaysNY11946
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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 Hampton Bays at 70 Fanning Ave, Hampton Bays, NY, 11946 earns $1,144/mo cash flow from $7,816/mo rent with a $4,890/mo payment. Total monthly income totals $7,816/mo, and annual cash flow totals $13,733/yr on $328,671 capital. ROI tracks 24.24% on current figures, and rental yield reads 9.39% 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 126.68% and total cumulative return in cash sums $416,354. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,816/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11946, Hampton Bays, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,147 (100%) |
| Owner Occupied HU | 4,184 (51.4%) |
| Renter Occupied HU | 1,652 (20.3%) |
| Vacant Housing Units | 2,311 (28.4%) |
| Median Home Value | $767,089 |
| Average Home Value | $877,041 |
Housing Distribution
Address Breakdown
Residential
7,191
Single Family
7,187
Multi-Family
4
Businesses
604
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Listed by: Dianne Klink - Real Estate Sales Person • Corcoran Group
Mls Name: Out East
Mls ID: #391722