282 Dockside UNIT 282MorichesNY11955
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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
Investment property for sale in Moriches at 282 Dockside UNIT 282, Moriches, NY, 11955 listed at $569,000 pairs $6,146/mo rent with a $2,785/mo payment to leave $1,440/mo cash flow. Total monthly income runs $6,146/mo, and annual cash flow reaches $17,283/yr on $187,201 cash to close. Return on cash invested measures 29.29% in year one, and rental yield registers 12.96% at a $569,000 basis. Equity gained on principal adds $3,672/yr, and annual property appreciation at 5% supports $157,204 by year five. Five-year ROI tracks 155.9% and total cumulative return in cash totals $291,839. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,146/mo property income relative to a $2,785/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
1,939 sqft lot
$N/A/sqft
$906 monthly 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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Nearby investment properties with comparable prices
Listed by: Jo Ann Boettcher • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3553870
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