36 Memorial BlvdEast MorichesNY11940
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
Investment Highlights
Investment property for sale in East Moriches at 36 Memorial Blvd, East Moriches, NY, 11940 at $675,000 posts ROI 24.69% with $857/mo cash flow from $5,365/mo rent. Total monthly income equals $5,365/mo, and annual cash flow records $10,287/yr on $222,075 to close. Return on cash invested measures 24.69% and rental yield reads 9.54% at the current $675,000. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 by year five. Five-year ROI prints 129.11% and total cumulative return in cash totals $286,731.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,365/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
10,018 sqft 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: Matthew Petheram • OLD PURCHASE PROPERTIES
Mls Name: NY State MLS
Mls ID: #11513683