537 Highland CourtMorichesNY11955
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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 Moriches at 537 Highland Court, Moriches, NY, 11955 at $565,000 posts ROI 18.99% with from $3,607/mo rent. Total monthly income equals $3,607/mo. Return on cash invested measures 18.99% and rental yield reads 7.66% at the current $565,000. Equity gained on principal adds $3,646/yr, and 5% annual appreciation supports $156,099 by year five. Five-year ROI prints 98.54% and total cumulative return in cash totals $183,171. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,607/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1999
2,191 sqft 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
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