21 Bond Street #2CGreat NeckNY11021
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 21 Bond Street #2C, Great Neck, NY, 11021 uses $54,698 cash to close to unlock $13,053/yr annual cash flow and $1,088/mo monthly cash flow. Total monthly income runs $2,190/mo, and a $808/mo payment keeps the spread at $1,088/mo. Purchase price stands at $165,000, and rental yield measures 15.93% with $2,190/mo rent. Return on cash invested shows 43.77% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 231.48% and total cumulative return in cash records $126,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,190/mo property income covering a $808/mo payment rather than investor’s personal income.
Condo
Built in 1970
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janet Kashani • LAFFEY REAL ESTATE
Mls Name: OneKey MLS
Mls ID: #898384