21 Hewitt BoulevardCenter MorichesNY11934
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
Rental property for sale in Center Moriches at 21 Hewitt Boulevard, Center Moriches, NY, 11934 generates $3,997/mo in rent, after a $4,155/mo payment. Total monthly income is $3,997/mo. Return on cash invested sits at 12.88% in year one, and rental yield is 5.65% on a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 65.74% and total cumulative return in cash sums $183,632. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,997/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.90 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Letticia Lettieri • Corcoran
Mls Name: OneKey MLS
Mls ID: #899232