32 Sycamore DrEast 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 32 Sycamore Dr, East Moriches, NY, 11940 offers a 4.4% rental yield on a $1,299,999 purchase with $4,767/mo rent. 22% in year one. Equity gained on principal adds $8,389/yr while 5% annual appreciation supports $359,166 over five years. Portfolio math shows five-year ROI at 46.07% and total cumulative return in cash at $194,043. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,767/mo property income against a $6,363/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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 Liotine - Real Estate Sales Person • Coldwell Banker M&D Good Life
Mls Name: Out East
Mls ID: #391416