8 Linda LnHampton 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 Linda Ln, Hampton Bays, NY, 11946 offers $7,760/mo rent that, after a $4,351/mo payment, leaves $1,824/mo cash flow. Total monthly income is $7,760/mo, and annual cash flow is $21,883/yr on $292,481 cash. Return on cash invested measures 27.54% in year one, and rental yield stands at 10.47% at a $889,000 entry. Equity gained on principal adds $5,737/yr while 5% annual appreciation compounds into $245,614 by year five. Five-year ROI records 144.39% and total cumulative return in cash reaches $422,318. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,760/mo property income versus a $4,351/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
10,018 sqft 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 Tupper - Real Estate Sales Person • Douglas Elliman Real Estate
Mls Name: Out East
Mls ID: #383873