50 Jerome DriveGlen 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 50 Jerome Drive, Glen Cove, NY, 11542 earns from $3,968/mo rent with a $4,253/mo payment. Total monthly income totals $3,968/mo. ROI tracks 12.36% on current figures, and rental yield reads 5.48% at a $869,000 purchase. Equity gained on principal adds $5,608/yr, and 5% annual appreciation supports $240,089 over five years. Five-year ROI reaches 62.98% and total cumulative return in cash sums $180,047. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,968/mo property income instead of your personal income.
Single Family
Built in 1956
10,192 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
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