700 Gin LaneSoutholdNY11971
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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 Southold at 700 Gin Lane, Southold, NY, 11971 with 5% annual appreciation on a $1,995,000 basis while $6,517/mo rent supports operations. 69% in year one. Equity gained on principal adds $12,873/yr, and five-year appreciation sums $551,182 alongside rental yield of 3.92%. Five-year ROI measures 37.89% and total cumulative return in cash totals $244,893. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,517/mo property income versus a $9,765/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
0.33 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11971, Southold, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,335 (100%) |
| Owner Occupied HU | 2,232 (51.5%) |
| Renter Occupied HU | 421 ( 9.7%) |
| Vacant Housing Units | 1,682 (38.8%) |
| Median Home Value | $805,816 |
| Average Home Value | $905,335 |
Housing Distribution
Address Breakdown
Residential
3,098
Single Family
3,056
Multi-Family
42
Businesses
361
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Listed by: Gerald J. Cibulski SRES CBR E-PRO • Century 21 Albertson Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #889892
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