7 Continental HillGlen 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 7 Continental Hill, Glen Cove, NY, 11542 priced at $748,000 pairs $3,883/mo rent with after a $3,661/mo payment. Total monthly income equals $3,883/mo. Return on cash invested is 14.64% in year one, and rental yield stands at 6.23% on a $748,000 basis. Equity gained on principal adds $4,827/yr, and 5% annual appreciation accumulates to $206,659 by year five. Five-year ROI measures 75.21% and total cumulative return in cash reaches $185,078. For financing, Ziffy Mortgage’s DSCR program evaluates $3,883/mo property income against a $3,661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.51 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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