2 Mill RoadGlen HeadNY11545
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
Rental property for sale in Glen Head at 2 Mill Road, Glen Head, NY, 11545 offers $4,981/mo rent that, after a $5,526/mo payment. Total monthly income is $4,981/mo. Return on cash invested measures 11.98% in year one, and rental yield stands at 5.29% at a $1,129,000 entry. Equity gained on principal adds $7,285/yr while 5% annual appreciation compounds into $311,922 by year five. Five-year ROI records 60.87% and total cumulative return in cash reaches $222,652. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,981/mo property income versus a $5,526/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
7,680 sqft 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
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Listed by: John A Langone • Daniel Gale Sothebys Intl Rlty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3573933
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