2 7th StreetCenter 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 2 7th Street, Center Moriches, NY, 11934 priced at $629,000 converts $5,951/mo rent into $1,750/mo cash flow after a $3,079/mo obligation. Total monthly income equals $5,951/mo, and annual cash flow totals $21,003/yr on $206,941 invested. Return on cash invested prints 30.21% in year one, and rental yield reads 11.35% against a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation compiles into $173,781 by year five. Five-year ROI reaches 158.7% and total cumulative return in cash sums $328,425. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,951/mo property income covering a $3,079/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.54 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: Todd A. Yovino • Island Advantage Realty LLC
Mls Name: OneKey MLS
Mls ID: #945056