282 Dockside UNIT 282MorichesNY11955
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 282 Dockside UNIT 282, Moriches, NY, 11955 in Moriches deserves attention. This $569,000 property earns $6,146/mo in rent, a 12.96% gross yield, and nets $1,441/mo after the $2,559/mo payment. DSCR 2.40 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $157,204 compounds alongside $5,241/yr in yearly equity build, for a total cumulative return of $313,601.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 6.2% |
| Monthly Cash Flow | $1,441 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $6,146 |
| Total Monthly Debt Service | $4,479 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices