34 Pearsall Ave APT 4HGlen CoveNY11542
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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 Glen Cove at 34 Pearsall Ave APT 4H, Glen Cove, NY, 11542 with 5% annual appreciation on a $305,000 basis while $2,145/mo rent supports operations. Total monthly income totals $2,145/mo and a $1,493/mo payment preserves $108/mo for cash returns. Annual cash flow comes to $1,297/yr on $101,108 deployed, and return on cash invested reaches 21.19% in year one. Equity gained on principal adds $1,968/yr, and five-year appreciation sums $84,266 alongside rental yield of 8.44%. Five-year ROI measures 110.4% and total cumulative return in cash totals $111,622.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,145/mo property income versus a $1,493/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1968
N/A 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
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