1 Michaels LaneGlen HeadNY11545
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1 Michaels Lane, Glen Head, NY, 11545 in Glen Head. Priced at $1,995,000, it generates $23,520/mo in gross rent and $10,198/mo in net monthly cash flow, a 14.15% yield that comfortably supports the 2.62 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $122,372. Five-year appreciation: $551,182. Equity from principal paydown: $18,374/yr. Total projected cumulative return: $1,416,926.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 14.2% | 6.2% |
| Monthly Cash Flow | $10,198 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $23,520 |
| Total Monthly Debt Service | $12,529 |
| DSCR Ratio | 1.88x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11545, Glen Head, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,307 (100%) |
| Owner Occupied HU | 3,659 (85.0%) |
| Renter Occupied HU | 463 (10.7%) |
| Vacant Housing Units | 185 ( 4.3%) |
| Median Home Value | $1,104,571 |
| Average Home Value | $1,310,718 |
Housing Distribution
Address Breakdown
Residential
4,068
Single Family
4,056
Multi-Family
12
Businesses
344
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1962
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11545, Glen Head, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,307 (100%) |
| Owner Occupied HU | 3,659 (85.0%) |
| Renter Occupied HU | 463 (10.7%) |
| Vacant Housing Units | 185 ( 4.3%) |
| Median Home Value | $1,104,571 |
| Average Home Value | $1,310,718 |
Housing Distribution
Address Breakdown
Residential
4,068
Single Family
4,056
Multi-Family
12
Businesses
344
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices