12 Hamilton Place #A4Garden CityNY11530
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 12 Hamilton Place #A4, Garden City, NY, 11530 in Garden City is straightforward: $558,800 in, $4,169/mo in rent, $437/mo out after debt service. The 8.95% gross yield and 1.66 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $154,386 by year five. With $5,147/yr in principal equity, the total cumulative return is projected at $241,227.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.2% |
| Monthly Cash Flow | $437 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,169 |
| Total Monthly Debt Service | $3,509 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1936
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11530, Garden City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,937 (100%) |
| Owner Occupied HU | 8,533 (85.9%) |
| Renter Occupied HU | 981 ( 9.9%) |
| Vacant Housing Units | 423 ( 4.3%) |
| Median Home Value | $962,312 |
| Average Home Value | $1,087,331 |
Housing Distribution
Address Breakdown
Residential
9,698
Single Family
8,487
Multi-Family
1,211
Businesses
2,190
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1936
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11530, Garden City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,937 (100%) |
| Owner Occupied HU | 8,533 (85.9%) |
| Renter Occupied HU | 981 ( 9.9%) |
| Vacant Housing Units | 423 ( 4.3%) |
| Median Home Value | $962,312 |
| Average Home Value | $1,087,331 |
Housing Distribution
Address Breakdown
Residential
9,698
Single Family
8,487
Multi-Family
1,211
Businesses
2,190
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jiang Zhang • Royalux Realty LLC
Mls Name: OneKey MLS
Mls ID: #906493