9 Tuthill Point Farm RdEast 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 9 Tuthill Point Farm Rd, East Moriches, NY, 11940 generates $4,631/mo in rent, after a $7,141/mo payment. Total monthly income is $4,631/mo. Return on cash invested sits at 7.39% in year one, and rental yield is 3.81% on a $1,459,000 entry. Equity gained on principal adds $9,415/yr, while 5% annual appreciation builds toward $403,095 over five years. Five-year ROI reaches 36.29% and total cumulative return in cash sums $171,543. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,631/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
1.01 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: Natalie A Lewis - Associate Real Estate Broker • Coldwell Banker Reliable Real Estate
Mls Name: Out East
Mls ID: #389972