6 Cedar AvenueLocust ValleyNY11560
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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 Locust Valley at 6 Cedar Avenue, Locust Valley, NY, 11560 at $1,249,000 posts ROI 8.32% with from $4,278/mo rent. Total monthly income equals $4,278/mo. Return on cash invested measures 8.32% and rental yield reads 4.11% at the current $1,249,000. Equity gained on principal adds $8,060/yr, and 5% annual appreciation supports $345,076 by year five. Five-year ROI prints 41.27% and total cumulative return in cash totals $167,027. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,278/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
N/A 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
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Listed by: Violetta S. Masterson • Compass Greater NY LLC
Mls Name: OneKey MLS
Mls ID: #918329