2 Brown RoadGreat NeckNY11024
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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 $4,216/mo, and a $6,010/mo payment. Purchase price stands at $1,228,000, and rental yield measures 4.12% with $4,216/mo rent. Return on cash invested shows 8.35% in year one, and 5% annual appreciation builds toward $339,274 over five years. Five-year ROI reaches 41.45% and total cumulative return in cash records $164,898. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,216/mo property income covering a $6,010/mo payment rather than investor’s personal income.
Single Family
Built in 1947
5,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11024, Great Neck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,389 (100%) |
| Owner Occupied HU | 1,693 (70.9%) |
| Renter Occupied HU | 467 (19.5%) |
| Vacant Housing Units | 229 ( 9.6%) |
| Median Home Value | $1,557,692 |
| Average Home Value | $1,563,752 |
Housing Distribution
Address Breakdown
Residential
2,367
Single Family
2,223
Multi-Family
144
Businesses
87
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Listed by: Kathleen Yekotiel • S Sharf Realty Inc
Mls Name: OneKey MLS
Mls ID: #908822