Great Neck, NY — Rental Investment Analysis

🔴POORnegative cash flow likely

Cap Rate

0.8%

Below average

Monthly Cash Flow

-$7,288

After all expenses

Price-to-Rent

33.7

Overpriced for rent

DSCR

0.12

Fails

📊 Key Metrics

Median Home Price
$1,550,009
Average Rent (3BR)
$3,700/mo
Price-to-Rent Ratio
33.7(high)
1% Rule
0.25%(fails — need 1%+)
Cash-on-Cash Return
-24.5%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Great Neck for Investors

11021
Cap Rate: 1.2%Cash Flow: -$4,672/mo$1,088,745
11021
Cap Rate: 1.2%Cash Flow: -$4,672/mo$1,088,745
11023
Cap Rate: 0.9%Cash Flow: -$6,767/mo$1,489,650

All Zip Codes in Great Neck

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
110211.2%-$4,672$1,088,745$3,250/mo0.19
110211.2%-$4,672$1,088,745$3,250/mo0.19
110230.9%-$6,767$1,489,650$3,990/mo0.15
110200.6%-$7,810$1,610,368$3,710/mo0.09
110200.6%-$7,810$1,610,368$3,710/mo0.09
11024-0.1%-$12,562$2,313,107$3,690/mo-0.02