32 E Sycamore DriveEast MorichesNY11940
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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
Investment property for sale in East Moriches at 32 E Sycamore Drive, East Moriches, NY, 11940 listed at $1,299,999 pairs $4,907/mo rent with a $6,363/mo payment. Total monthly income runs $4,907/mo. Return on cash invested measures 9.62% in year one, and rental yield registers 4.53% at a $1,299,999 basis. Equity gained on principal adds $8,389/yr, and annual property appreciation at 5% supports $359,166 by year five. Five-year ROI tracks 48.21% and total cumulative return in cash totals $203,055. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,907/mo property income relative to a $6,363/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
0.66 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: Bonnie K. Liotine • Coldwell Banker M&D Good Life
Mls Name: OneKey MLS
Mls ID: #919271