87 Shore RdSouthamptonNY11968
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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 Southampton at 87 Shore Rd, Southampton, NY, 11968 offers a 21.95% rental yield on a $1,795,000 purchase with $32,831/mo rent. Total monthly income registers $32,831/mo, and a $8,786/mo payment leaves $20,844/mo available for distribution. Annual cash flow reaches $250,127/yr on $581,580 to close, and return on cash invested stands at 63.38% in year one. Equity gained on principal adds $11,583/yr while 5% annual appreciation supports $495,925 over five years. Portfolio math shows five-year ROI at 336.49% and total cumulative return in cash at $1,956,985. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $32,831/mo property income against a $8,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11968, Southampton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,356 (100%) |
| Owner Occupied HU | 4,450 (43.0%) |
| Renter Occupied HU | 1,385 (13.4%) |
| Vacant Housing Units | 4,521 (43.7%) |
| Median Home Value | $1,242,895 |
| Average Home Value | $1,373,377 |
Housing Distribution
Address Breakdown
Residential
8,146
Single Family
8,089
Multi-Family
57
Businesses
887
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Listed by: Simon Harrison - Real Estate Broker • Simon Harrison Real Estate
Mls Name: Out East
Mls ID: #382154