366 Stewart Avenue #B10Garden 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 366 Stewart Avenue #B10, Garden City, NY, 11530 earns $1,645/mo cash flow from $6,319/mo rent with a $3,426/mo payment. Total monthly income totals $6,319/mo, and annual cash flow totals $19,736/yr on $230,300 capital. ROI tracks 28.63% on current figures, and rental yield reads 10.83% at a $699,999 purchase. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 over five years. Five-year ROI reaches 150.22% and total cumulative return in cash sums $345,951. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,319/mo property income instead of your personal income.
Condo
Built in 1950
0.95 Acres 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: Tara M. Iori • Frontline Realty Group LLC
Mls Name: OneKey MLS
Mls ID: #953472