23 Barry DriveGlen CoveNY11542
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 23 Barry Drive, Glen Cove, NY, 11542 in Glen Cove deserves attention. This $1,095,000 property earns $9,778/mo in rent, a 10.72% gross yield, and nets $2,465/mo after the $4,924/mo payment. DSCR 1.99 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $302,528 compounds alongside $10,085/yr in yearly equity build, for a total cumulative return of $576,205.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.2% |
| Monthly Cash Flow | $2,465 | $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 | $9,778 |
| Total Monthly Debt Service | $6,877 |
| DSCR Ratio | 1.42x |
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 1956
10,080 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
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 1956
10,080 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices