989 Majors PathSouthamptonNY11968
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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 Southampton at 989 Majors Path, Southampton, NY, 11968 priced at $1,395,000 pairs $10,051/mo rent with $735/mo cash flow after a $6,828/mo payment. Total monthly income equals $10,051/mo, and annual cash flow comes to $8,823/yr on $451,980 invested. Return on cash invested is 22.32% in year one, and rental yield stands at 8.65% on a $1,395,000 basis. Equity gained on principal adds $9,002/yr, and 5% annual appreciation accumulates to $385,413 by year five. Five-year ROI measures 116.35% and total cumulative return in cash reaches $525,862. For financing, Ziffy Mortgage’s DSCR program evaluates $10,051/mo property income against a $6,828/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.88 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: Kieran Brew - Real Estate Sales Person • SERHANT.
Mls Name: Out East
Mls ID: #382639