11 Douglas DriveGlen CoveNY11542
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
Investment Highlights
Investment property for sale in Glen Cove at 11 Douglas Drive, Glen Cove, NY, 11542 at $899,888 posts ROI 23.15% with $762/mo cash flow from $6,772/mo rent. Total monthly income equals $6,772/mo, and annual cash flow records $9,146/yr on $296,063 to close. Return on cash invested measures 23.15% and rental yield reads 9.03% at the current $899,888. Equity gained on principal adds $5,807/yr, and 5% annual appreciation supports $248,622 by year five. Five-year ROI prints 120.84% and total cumulative return in cash totals $357,756.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,772/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
5,985 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11542, Glen Cove, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,932 (100%) |
| Owner Occupied HU | 5,898 (49.4%) |
| Renter Occupied HU | 5,283 (44.3%) |
| Vacant Housing Units | 751 ( 6.3%) |
| Median Home Value | $711,653 |
| Average Home Value | $818,218 |
Housing Distribution
Address Breakdown
Residential
10,071
Single Family
8,540
Multi-Family
1,531
Businesses
955
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Listed by: Mary A. Stanco AHWD CBR ABR • BERKSHIRE HATHAWAY
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #826099
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