24 Jeffrey LaneGreat NeckNY11020
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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 Great Neck at 24 Jeffrey Lane, Great Neck, NY, 11020 with 5% annual appreciation on a $1,728,000 basis while $5,933/mo rent supports operations. 35% in year one. Equity gained on principal adds $11,151/yr, and five-year appreciation sums $477,415 alongside rental yield of 4.12%. Five-year ROI measures 41.43% and total cumulative return in cash totals $231,974. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,933/mo property income versus a $8,458/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11020, Great Neck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,025 (100%) |
| Owner Occupied HU | 1,587 (78.4%) |
| Renter Occupied HU | 337 (16.6%) |
| Vacant Housing Units | 101 ( 5.0%) |
| Median Home Value | $1,280,815 |
| Average Home Value | $1,372,212 |
Housing Distribution
Address Breakdown
Residential
1,969
Single Family
1,967
Multi-Family
2
Businesses
32
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Listed by: Whitney Yeung • Compass Greater NY LLC
Mls Name: OneKey MLS
Mls ID: #957729