10 Nevins St APT 21EBrooklynNY11217
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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 Brooklyn at 10 Nevins St APT 21E, Brooklyn, NY, 11217 with 5% annual appreciation on a $183,204 basis while $4,190/mo rent supports operations. Total monthly income totals $4,190/mo and a $897/mo payment preserves $2,451/mo for cash returns. Annual cash flow comes to $29,412/yr on $60,732 deployed, and return on cash invested reaches 68.34% in year one. Equity gained on principal adds $1,182/yr, and five-year appreciation sums $50,616 alongside rental yield of 27.44%. Five-year ROI measures 366.97% and total cumulative return in cash totals $222,867.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,190/mo property income versus a $897/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11217, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,719 (100%) |
| Owner Occupied HU | 5,268 (21.3%) |
| Renter Occupied HU | 17,323 (70.1%) |
| Vacant Housing Units | 2,128 ( 8.6%) |
| Median Home Value | $1,753,412 |
| Average Home Value | $1,604,739 |
Housing Distribution
Address Breakdown
Residential
20,350
Single Family
2,859
Multi-Family
17,491
Businesses
1,444
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