8 Bittersweet 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
Rental property for sale in Hampton Bays at 8 Bittersweet Ave, Hampton Bays, NY, 11946 priced at $1,067,000 converts $7,037/mo rent into after a $5,222/mo obligation. Total monthly income equals $7,037/mo. Return on cash invested prints 20.07% in year one, and rental yield reads 7.91% against a $1,067,000 entry. Equity gained on principal adds $6,885/yr, while 5% annual appreciation compiles into $294,792 by year five. Five-year ROI reaches 104.24% and total cumulative return in cash sums $360,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,037/mo property income covering a $5,222/mo payment, not borrower’s 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A