18 (fka 14) Hutchinson CourtGreat 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 $4,600/mo, and a $7,342/mo payment. Purchase price stands at $1,500,000, and rental yield measures 3.68% with $4,600/mo rent. Return on cash invested shows 6.99% in year one, and 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 34.14% and total cumulative return in cash records $165,935. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,600/mo property income covering a $7,342/mo payment rather than investor’s personal income.
Single Family
Built in 1927
9,870 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: Andrea G. Levine CBR • Keller Williams Rty Gold Coast
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #815342
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