80 Moriches AveEast 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 80 Moriches Ave, East Moriches, NY, 11940 priced at $975,000 pairs $7,658/mo rent with $1,147/mo cash flow after a $4,772/mo payment. Total monthly income equals $7,658/mo, and annual cash flow comes to $13,767/yr on $320,775 invested. Return on cash invested is 24.35% in year one, and rental yield stands at 9.43% on a $975,000 basis. Equity gained on principal adds $6,292/yr, and 5% annual appreciation accumulates to $269,375 by year five. Five-year ROI measures 127.29% and total cumulative return in cash reaches $408,303. For financing, Ziffy Mortgage’s DSCR program evaluates $7,658/mo property income against a $4,772/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
0.87 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: Alexandra 'Lexie' Schrage - Real Estate Sales Person • Corcoran Group
Mls Name: Out East
Mls ID: #390486