225 River DriveMorichesNY11955
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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 Moriches at 225 River Drive, Moriches, NY, 11955 generates $4,200/mo in rent and, after a $2,496/mo payment, leaves $795/mo in cash flow. Total monthly income is $4,200/mo, and annual cash flow is $9,534/yr on $167,790 invested. Return on cash invested sits at 25.74% in year one, and rental yield is 9.88% on a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 134.75% and total cumulative return in cash sums $226,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
1,931 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11955, Moriches, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,610 (100%) |
| Owner Occupied HU | 777 (48.3%) |
| Renter Occupied HU | 729 (45.3%) |
| Vacant Housing Units | 104 ( 6.5%) |
| Median Home Value | $600,818 |
| Average Home Value | $645,000 |
Housing Distribution
Address Breakdown
Residential
1,629
Single Family
1,629
Multi-Family
0
Businesses
140
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