41 Pameeches 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 41 Pameeches Path, East Moriches, NY, 11940 at $899,000 posts ROI 19.78% with from $5,934/mo rent. Total monthly income equals $5,934/mo. Return on cash invested measures 19.78% and rental yield reads 7.92% at the current $899,000. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 by year five. Five-year ROI prints 102.76% and total cumulative return in cash totals $303,922. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,934/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1989
862 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: N/A • N/A
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