10 Pond View Ct UNIT 10, Jericho, NY, 11753 | 7.11% Rental Yield

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10 Pond View Ct UNIT 10, Jericho, NY, 11753 | 7.11% Rental Yield | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Jericho at 10 Pond View Ct UNIT 10, Jericho, NY, 11753 listed at $1,133,400 pairs $6,720/mo rent with a $5,547/mo payment. Total monthly income runs $6,720/mo. Return on cash invested measures 17.6% in year one, and rental yield registers 7.11% at a $1,133,400 basis. Equity gained on principal adds $7,314/yr, and annual property appreciation at 5% supports $313,138 by year five. Five-year ROI tracks 91.01% and total cumulative return in cash totals $334,194. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,720/mo property income relative to a $5,547/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1988

34.36 Acres lot

$N/A/sqft

No HOA

More details about the property

Sitting on The Pond in a private cul-de-sac is this totally recently redone Three Bedroom Condo in The Hamlet East. Upon entering the two-story entrance, one is immediately drawn to the Euphoric Pond. The main floor open Den has wood floors and wall . Walking towards the opened customized Opened Chef's Kitchen with a grand island centered for sitting around, eating or cooking, you can't miss the serenity offered by the view of the Pond. The gracious Living and Dining Room give the feeling of being far away from everyone with the incredible outside views. The iron banister staircase leads to the Primary Suite with his and hers walk-in custom closets and redone Bath boosting an oversized shower and tub with double sinks. There are two additional Bedrooms and full Bath and Laundry area. Some hidden features include, new HVAC units and ducts, heated garage with tile flooring and garage tech for storage, moldings throughout, closet systems, dry bar, and an exceptional rear deck to watch the sun setting in this elegant setting.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11753, Jericho, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,474 (100%)
Owner Occupied HU	3,633 (81.2%)
Renter Occupied HU	661 (14.8%)
Vacant Housing Units	180 ( 4.0%)
Median Home Value	$919,370
Average Home Value	$1,008,323