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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Great Neck at 48 Colgate Road, Great Neck, NY, 11023 earns from $6,600/mo rent with a $5,815/mo payment. Total monthly income totals $6,600/mo. ROI tracks 16.21% on current figures, and rental yield reads 6.67% at a $1,188,000 purchase. Equity gained on principal adds $7,666/yr, and 5% annual appreciation supports $328,223 over five years. Five-year ROI reaches 83.58% and total cumulative return in cash sums $321,720. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,600/mo property income instead of your personal income.
Single Family
Built in 1930
5,400 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11023, Great Neck, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,455 (100%) |
| Owner Occupied HU | 2,469 (71.5%) |
| Renter Occupied HU | 776 (22.5%) |
| Vacant Housing Units | 210 ( 6.1%) |
| Median Home Value | $1,181,626 |
| Average Home Value | $1,260,680 |
Residential
3,271
Single Family
2,611
Multi-Family
660
Businesses
426
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Edna Mashaal • Edna Mashaal Realty LLC
Mls Name: OneKey MLS
Mls ID: #860633
