31 The GlenLocust ValleyNY11560
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 31 The Glen, Locust Valley, NY, 11560 in Locust Valley. Priced at $1,449,000, it generates $16,331/mo in gross rent and $6,655/mo in net monthly cash flow, a 13.52% yield that comfortably supports the 2.51 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $79,855. Five-year appreciation: $400,332. Equity from principal paydown: $13,345/yr. Total projected cumulative return: $980,702.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.5% | 6.2% |
| Monthly Cash Flow | $6,655 | $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 | $16,331 |
| Total Monthly Debt Service | $9,100 |
| DSCR Ratio | 1.79x |
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 1965
2.00 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
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 1965
2.00 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices