8 Shannon CtCenter MorichesNY11934
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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 Center Moriches at 8 Shannon Ct, Center Moriches, NY, 11934 with 5% annual appreciation on a $1,299,990 basis while $8,387/mo rent supports operations. 53% in year one. Equity gained on principal adds $8,389/yr, and five-year appreciation sums $359,163 alongside rental yield of 7.74%. Five-year ROI measures 101.37% and total cumulative return in cash totals $426,984. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,387/mo property income versus a $6,363/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
2.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11934, Center Moriches, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,050 (100%) |
| Owner Occupied HU | 2,254 (73.9%) |
| Renter Occupied HU | 598 (19.6%) |
| Vacant Housing Units | 198 ( 6.5%) |
| Median Home Value | $651,118 |
| Average Home Value | $703,026 |
Housing Distribution
Address Breakdown
Residential
2,973
Single Family
2,973
Multi-Family
0
Businesses
409
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Listed by: Kimberly Cammarata - Real Estate Sales Person • Douglas Elliman Real Estate
Mls Name: Out East
Mls ID: #384880