12 Leona PlaceLocust ValleyNY11560
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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
Investment property for sale in Locust Valley at 12 Leona Place, Locust Valley, NY, 11560 uses $240,133 cash to close to unlock $8,092/yr annual cash flow and $674/mo monthly cash flow. Total monthly income runs $5,548/mo, and a $3,572/mo payment keeps the spread at $674/mo. Purchase price stands at $729,888, and rental yield measures 9.12% with $5,548/mo rent. Return on cash invested shows 23.43% in year one, and 5% annual appreciation builds toward $201,655 over five years. Five-year ROI reaches 122.34% and total cumulative return in cash records $293,775. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,548/mo property income covering a $3,572/mo payment rather than investor’s personal income.
Single Family
Built in 1989
6,426 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11560, Locust Valley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,612 (100%) |
| Owner Occupied HU | 1,842 (70.5%) |
| Renter Occupied HU | 555 (21.2%) |
| Vacant Housing Units | 215 ( 8.2%) |
| Median Home Value | $992,929 |
| Average Home Value | $1,257,448 |
Housing Distribution
Address Breakdown
Residential
2,336
Single Family
2,323
Multi-Family
13
Businesses
394
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Listed by: Mary A. Stanco AHWD CBR SRES ABR • BERKSHIRE HATHAWAY
Mls Name: OneKey MLS
Mls ID: #951503