8 Ocean 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 8 Ocean Ave, Hampton Bays, NY, 11946 with 5% annual appreciation on a $889,000 basis while $6,236/mo rent supports operations. Total monthly income totals $6,236/mo and a $4,351/mo payment preserves $300/mo for cash returns. Annual cash flow comes to $3,595/yr on $292,481 deployed, and return on cash invested reaches 21.29% in year one. Equity gained on principal adds $5,737/yr, and five-year appreciation sums $245,614 alongside rental yield of 8.42%. Five-year ROI measures 110.86% and total cumulative return in cash totals $324,230.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,236/mo property income versus a $4,351/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
8,712 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: #392978