83 Foster 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 83 Foster Ave, Hampton Bays, NY, 11946 with 5% annual appreciation on a $949,500 basis while $7,175/mo rent supports operations. Total monthly income totals $7,175/mo and a $4,647/mo payment preserves $835/mo for cash returns. Annual cash flow comes to $10,017/yr on $312,386 deployed, and return on cash invested reaches 23.27% in year one. Equity gained on principal adds $6,127/yr, and five-year appreciation sums $262,329 alongside rental yield of 9.07%. Five-year ROI measures 121.45% and total cumulative return in cash totals $379,405.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,175/mo property income versus a $4,647/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
0.25 Acres 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: Sarah Doud - Real Estate Sales Person • Saunders & Associates
Mls Name: Out East
Mls ID: #389077