14 Nirvana AvenueGreat 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
Investment property for sale in Great Neck at 14 Nirvana Avenue, Great Neck, NY, 11023 with 5% annual appreciation on a $1,588,000 basis while $5,254/mo rent supports operations. 89% in year one. Equity gained on principal adds $10,247/yr, and five-year appreciation sums $438,735 alongside rental yield of 3.97%. Five-year ROI measures 38.96% and total cumulative return in cash totals $200,476. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,254/mo property income versus a $7,772/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
9,322 sqft 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: Rina Aghalarpour • Keller Williams Rty Gold Coast
Mls Name: OneKey MLS
Mls ID: #929644