








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Great Neck at 18 Terrace Circle #9C & 11C, Great Neck, NY, 11021 uses $262,871 cash to close to unlock $30,937/yr annual cash flow and $2,578/mo monthly cash flow. Total monthly income runs $7,914/mo, and a $3,911/mo payment keeps the spread at $2,578/mo. Purchase price stands at $799,000, and rental yield measures 11.89% with $7,914/mo rent. Return on cash invested shows 31.83% in year one, and 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 167.39% and total cumulative return in cash records $440,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,914/mo property income covering a $3,911/mo payment rather than investor’s personal income.
Condo
Built in 1949
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11021, Great Neck, NY area.
| 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 |
Residential
8,322
Single Family
3,086
Multi-Family
5,236
Businesses
1,653
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Min Kang • Prime Realty
Mls Name: OneKey MLS
Mls ID: #875502