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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 Garden City at 5 Hamilton Place, Garden City, NY, 11530 with 5% annual appreciation on a $999,999 basis while $6,361/mo rent supports operations. 91% in year one. Equity gained on principal adds $6,453/yr, and five-year appreciation sums $276,281 alongside rental yield of 7.63%. Five-year ROI measures 98.08% and total cumulative return in cash totals $322,671. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,361/mo property income versus a $4,895/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
8,960 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11530, Garden City, NY area.
| 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 |
Residential
9,698
Single Family
8,487
Multi-Family
1,211
Businesses
2,190
Date | Event | Price |
|---|---|---|
| 2024-11-14 | Listed for sale | $999,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-14 | N/A | N/A | $764 | 5.67% |
| 2022-11-14 | N/A | N/A | $723 | N/A |
| 2021-11-14 | $10440.44 | 8.49% | N/A | N/A |
What's Special
Unfinished
Listed by: Michelle F Mcardle • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3590845
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.
