88 Halley DriveCenter 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
Total monthly income runs $3,360/mo, and a $3,549/mo payment. Purchase price stands at $725,000, and rental yield measures 5.56% with $3,360/mo rent. Return on cash invested shows 12.6% in year one, and 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 64.3% and total cumulative return in cash records $153,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $3,549/mo payment rather than investor’s personal income.
Condo
Built in 2022
N/A 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: Sharon A. Fenimore SRES • Realty Connect USA L I Inc
Mls Name: OneKey MLS
Mls ID: #903741