16 Factory Pond RoadLocust 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 16 Factory Pond Road, Locust Valley, NY, 11560 projects strong ROI of 25.51%.
With 5% annual appreciation, the property builds $634,066 in value over five years. Equity growth combined with cash flow delivers a projected five-year ROI of 133.42%, translating into $992,085 in total cumulative return on $743,580 invested capital.
You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1984
5 Acres 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: Margaret Trautmann • Compass Greater NY LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3520124
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.