37 Inlet View PathEast 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 37 Inlet View Path, East Moriches, NY, 11940 with 5% annual appreciation on a $1,395,000 basis while $19,200/mo rent supports operations. Total monthly income totals $19,200/mo and a $6,828/mo payment preserves $9,884/mo for cash returns. Annual cash flow comes to $118,611/yr on $451,980 deployed, and return on cash invested reaches 46.61% in year one. Equity gained on principal adds $9,002/yr, and five-year appreciation sums $385,413 alongside rental yield of 16.52%. Five-year ROI measures 246.6% and total cumulative return in cash totals $1,114,582.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $19,200/mo property income versus a $6,828/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
2.17 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: John Giacobbe • Hampton Estates Realty LLC
Mls Name: OneKey MLS
Mls ID: #897425