30 Newport Beach BlvdEast MorichesNY11940
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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 East Moriches at 30 Newport Beach Blvd, East Moriches, NY, 11940 uses $272,741 cash to close to unlock $5,503/yr annual cash flow and $459/mo monthly cash flow. Total monthly income runs $5,995/mo, and a $4,058/mo payment keeps the spread at $459/mo. Purchase price stands at $829,000, and rental yield measures 8.68% with $5,995/mo rent. Return on cash invested shows 22.08% in year one, and 5% annual appreciation builds toward $229,037 over five years. Five-year ROI reaches 115.09% and total cumulative return in cash records $313,888. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,995/mo property income covering a $4,058/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.34 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: William F. LeMaire - Associate Real Estate Broker • Brown Harris Stevens
Mls Name: Out East
Mls ID: #384683