38 James Hawkins RoadMorichesNY11955
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 38 James Hawkins Road, Moriches, NY, 11955 in Moriches at $800,000 earns $5,348/mo in rent and nets $6/mo after the $3,597/mo payment, a 8.02% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $221,025 over five years. Ziffy Mortgage underwrites this on a 1.49 DSCR without U.S. credit history. With $7,368/yr in principal paydown, total projected return reaches $305,455.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $6 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $5,348 |
| Total Monthly Debt Service | $5,024 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2001
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11955, Moriches, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,610 (100%) |
| Owner Occupied HU | 777 (48.3%) |
| Renter Occupied HU | 729 (45.3%) |
| Vacant Housing Units | 104 ( 6.5%) |
| Median Home Value | $600,818 |
| Average Home Value | $645,000 |
Housing Distribution
Address Breakdown
Residential
1,629
Single Family
1,629
Multi-Family
0
Businesses
140
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
Single Family
Built in 2001
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11955, Moriches, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,610 (100%) |
| Owner Occupied HU | 777 (48.3%) |
| Renter Occupied HU | 729 (45.3%) |
| Vacant Housing Units | 104 ( 6.5%) |
| Median Home Value | $600,818 |
| Average Home Value | $645,000 |
Housing Distribution
Address Breakdown
Residential
1,629
Single Family
1,629
Multi-Family
0
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices