24 Hamilton Place #F-1Garden CityNY11530
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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
Investment property for sale in Garden City at 24 Hamilton Place #F-1, Garden City, NY, 11530 with 5% annual appreciation on a $619,000 basis while $3,126/mo rent supports operations. 12% in year one. Equity gained on principal adds $3,994/yr, and five-year appreciation sums $171,018 alongside rental yield of 6.06%. Five-year ROI measures 72.44% and total cumulative return in cash totals $147,517. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,126/mo property income versus a $3,030/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1938
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11530, Garden City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,937 (100%) |
| Owner Occupied HU | 8,533 (85.9%) |
| Renter Occupied HU | 981 ( 9.9%) |
| Vacant Housing Units | 423 ( 4.3%) |
| Median Home Value | $962,312 |
| Average Home Value | $1,087,331 |
Housing Distribution
Address Breakdown
Residential
9,698
Single Family
8,487
Multi-Family
1,211
Businesses
2,190
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Listed by: Susan MacDonald • Daniel Gale Sothebys Intl Rlty
Mls Name: OneKey MLS
Mls ID: #948951