306 Glen Cove RoadCarle PlaceNY11514
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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 Carle Place at 306 Glen Cove Road, Carle Place, NY, 11514 at $929,000 posts ROI 19.65% with from $6,098/mo rent. Total monthly income equals $6,098/mo. Return on cash invested measures 19.65% and rental yield reads 7.88% at the current $929,000. Equity gained on principal adds $5,995/yr, and 5% annual appreciation supports $256,666 by year five. Five-year ROI prints 102.04% and total cumulative return in cash totals $311,888. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,098/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11514, Carle Place, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,883 (100%) |
| Owner Occupied HU | 1,312 (69.7%) |
| Renter Occupied HU | 487 (25.9%) |
| Vacant Housing Units | 84 ( 4.5%) |
| Median Home Value | $739,699 |
| Average Home Value | $779,566 |
Housing Distribution
Address Breakdown
Residential
1,697
Single Family
1,365
Multi-Family
332
Businesses
422
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Listed by: Komal Kataria • Property Professionals Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3581118
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