554 Mirror Pond 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
Rental property for sale in Moriches at 554 Mirror Pond Court, Moriches, NY, 11955 priced at $525,000 pairs $3,607/mo rent with $101/mo cash flow after a $2,570/mo payment. Total monthly income equals $3,607/mo, and annual cash flow comes to $1,209/yr on $172,725 invested. Return on cash invested is 20.76% in year one, and rental yield stands at 8.24% on a $525,000 basis. Equity gained on principal adds $3,388/yr, and 5% annual appreciation accumulates to $145,048 by year five. Five-year ROI measures 108.02% and total cumulative return in cash reaches $186,573. For financing, Ziffy Mortgage’s DSCR program evaluates $3,607/mo property income against a $2,570/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1999
2,183 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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