512 Breton Way #512Glen 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
Rental property for sale in Glen Cove at 512 Breton Way #512, Glen Cove, NY, 11542 generates $4,594/mo in rent and, after a $3,128/mo payment, leaves $326/mo in cash flow. Total monthly income is $4,594/mo, and annual cash flow is $3,917/yr on $210,231 invested. Return on cash invested sits at 21.92% in year one, and rental yield is 8.63% on a $639,000 entry. Equity gained on principal adds $4,123/yr, while 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 114.26% and total cumulative return in cash sums $240,220. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,594/mo property income rather than buyer’s personal income.
Condo
Built in 2020
5.76 Acres 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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