70 Glover StSag HarborNY11963
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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 Sag Harbor at 70 Glover St, Sag Harbor, NY, 11963 with 5% annual appreciation on a $756,000 basis while $7,460/mo rent supports operations. Total monthly income totals $7,460/mo and a $3,700/mo payment preserves $2,412/mo for cash returns. Annual cash flow comes to $28,942/yr on $248,724 deployed, and return on cash invested reaches 31.7% in year one. Equity gained on principal adds $4,878/yr, and five-year appreciation sums $208,869 alongside rental yield of 11.84%. Five-year ROI measures 166.66% and total cumulative return in cash totals $414,521.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,460/mo property income versus a $3,700/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1840
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11963, Sag Harbor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,962 (100%) |
| Owner Occupied HU | 2,952 (49.5%) |
| Renter Occupied HU | 684 (11.5%) |
| Vacant Housing Units | 2,326 (39.0%) |
| Median Home Value | $1,132,682 |
| Average Home Value | $1,315,119 |
Housing Distribution
Address Breakdown
Residential
4,566
Single Family
4,492
Multi-Family
74
Businesses
459
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Listed by: N/A • N/A
Mls Name: Out East
Mls ID: #382699