860 N Bayview RdSoutholdNY11971
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 860 N Bayview Rd, Southold, NY, 11971 uses $295,771 cash to close to unlock $15,777/yr annual cash flow and $1,315/mo monthly cash flow. Total monthly income runs $7,318/mo, and a $4,400/mo payment keeps the spread at $1,315/mo. Purchase price stands at $899,000, and rental yield measures 9.77% with $7,318/mo rent. Return on cash invested shows 25.39% in year one, and 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 132.87% and total cumulative return in cash records $392,986. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,318/mo property income covering a $4,400/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.32 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices