15 Canterbury Road #D6Great NeckNY11021
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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 Great Neck at 15 Canterbury Road #D6, Great Neck, NY, 11021 offers $1,506/mo rent that, after a $925/mo payment, leaves $244/mo cash flow. Total monthly income is $1,506/mo, and annual cash flow is $2,930/yr on $62,620 cash. Return on cash invested measures 24.59% in year one, and rental yield stands at 9.57% at a $188,900 entry. Equity gained on principal adds $1,219/yr while 5% annual appreciation compounds into $52,190 by year five. Five-year ROI records 128.65% and total cumulative return in cash reaches $80,559. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,506/mo property income versus a $925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11021, Great Neck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,564 (100%) |
| Owner Occupied HU | 5,673 (66.2%) |
| Renter Occupied HU | 2,406 (28.1%) |
| Vacant Housing Units | 485 ( 5.7%) |
| Median Home Value | $994,786 |
| Average Home Value | $1,111,618 |
Housing Distribution
Address Breakdown
Residential
8,322
Single Family
3,086
Multi-Family
5,236
Businesses
1,653
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Listed by: Joan V. Evans CBR • Edna Mashaal Realty LLC
Mls Name: OneKey MLS
Mls ID: #935722