25A Benjamin Avenue UNIT AEast MorichesNY11940
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 East Moriches at 25A Benjamin Avenue UNIT A, East Moriches, NY, 11940 offers $7,010/mo rent that, after a $7,092/mo payment. Total monthly income is $7,010/mo. Return on cash invested measures 13.56% in year one, and rental yield stands at 5.81% at a $1,449,000 entry. Equity gained on principal adds $9,350/yr while 5% annual appreciation compounds into $400,332 by year five. Five-year ROI records 69.32% and total cumulative return in cash reaches $325,447. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,010/mo property income versus a $7,092/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11940, East Moriches, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,327 (100%) |
| Owner Occupied HU | 1,663 (71.5%) |
| Renter Occupied HU | 422 (18.1%) |
| Vacant Housing Units | 242 (10.4%) |
| Median Home Value | $791,934 |
| Average Home Value | $874,062 |
Housing Distribution
Address Breakdown
Residential
2,071
Single Family
2,071
Multi-Family
0
Businesses
241
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Listed by: Susan Gwen • Signature Homes of New York
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3554347
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