11 Wooleys Lane #2EGreat NeckNY11023
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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
Total monthly income runs $3,559/mo, and a $2,780/mo payment. Purchase price stands at $568,000, and rental yield measures 7.52% with $3,559/mo rent. Return on cash invested shows 18.56% in year one, and 5% annual appreciation builds toward $156,928 over five years. Five-year ROI reaches 96.23% and total cumulative return in cash records $179,829. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,559/mo property income covering a $2,780/mo payment rather than investor’s personal income.
Condo
Built in 1956
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11023, Great Neck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,455 (100%) |
| Owner Occupied HU | 2,469 (71.5%) |
| Renter Occupied HU | 776 (22.5%) |
| Vacant Housing Units | 210 ( 6.1%) |
| Median Home Value | $1,181,626 |
| Average Home Value | $1,260,680 |
Housing Distribution
Address Breakdown
Residential
3,271
Single Family
2,611
Multi-Family
660
Businesses
426
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Listed by: Priscilla Chan-Ho • Royalux Realty LLC
Mls Name: OneKey MLS
Mls ID: #953459