55 Moriches AvenueEast 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
Rental property for sale in East Moriches at 55 Moriches Avenue, East Moriches, NY, 11940 generates $3,269/mo in rent, after a $3,916/mo payment. Total monthly income is $3,269/mo. Return on cash invested sits at 10.61% in year one, and rental yield is 4.9% on a $799,990 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $221,022 over five years. Five-year ROI reaches 53.57% and total cumulative return in cash sums $140,992. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,269/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.80 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: Lisa M. Godt • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #915638