449 Montauk HighwayEast 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
Rental property for sale in East Moriches at 449 Montauk Highway, East Moriches, NY, 11940 offers $3,269/mo rent that, after a $7,337/mo payment. Total monthly income is $3,269/mo. Return on cash invested measures 3.71% in year one, and rental yield stands at 2.62% at a $1,499,000 entry. Equity gained on principal adds $9,673/yr while 5% annual appreciation compounds into $414,146 by year five. Five-year ROI records 16.55% and total cumulative return in cash reaches $80,373. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,269/mo property income versus a $7,337/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1879
2.12 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: Eric Boorum • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #948406