7 Robbins 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 7 Robbins Lane, Great Neck, NY, 11020 at $1,858,000 posts ROI 8.35% with from $6,379/mo rent. Total monthly income equals $6,379/mo. Return on cash invested measures 8.35% and rental yield reads 4.12% at the current $1,858,000. Equity gained on principal adds $11,989/yr, and 5% annual appreciation supports $513,331 by year five. Five-year ROI prints 41.43% and total cumulative return in cash totals $249,401. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,379/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
9,500 sqft 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: Edna Mashaal • Edna Mashaal Realty LLC
Mls Name: OneKey MLS
Mls ID: #923942