11 Crosby StCenter MorichesNY11934
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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 Center Moriches at 11 Crosby St, Center Moriches, NY, 11934 offers $7,710/mo rent that, after a $3,744/mo payment, leaves $2,602/mo cash flow. Total monthly income is $7,710/mo, and annual cash flow is $31,223/yr on $251,652 cash. Return on cash invested measures 32.47% in year one, and rental yield stands at 12.1% at a $764,900 entry. Equity gained on principal adds $4,936/yr while 5% annual appreciation compounds into $211,328 by year five. Five-year ROI records 170.79% and total cumulative return in cash reaches $429,796. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,710/mo property income versus a $3,744/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1912
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11934, Center Moriches, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,050 (100%) |
| Owner Occupied HU | 2,254 (73.9%) |
| Renter Occupied HU | 598 (19.6%) |
| Vacant Housing Units | 198 ( 6.5%) |
| Median Home Value | $651,118 |
| Average Home Value | $703,026 |
Housing Distribution
Address Breakdown
Residential
2,973
Single Family
2,973
Multi-Family
0
Businesses
409
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Listed by: Christine Sparacino • RE MAX SPARROW REALTY
Mls Name: NY State MLS
Mls ID: #11350460