1011 E 108th St APT 3DBrooklynNY11236
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1011 E 108th St APT 3D, Brooklyn, NY, 11236 in Brooklyn deserves attention. This $138,450 property earns $2,635/mo in rent, a 22.84% gross yield, and nets $1,014/mo after the $623/mo payment. DSCR 4.23 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $38,251 compounds alongside $1,275/yr in yearly equity build, for a total cumulative return of $121,063.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 22.8% | 4.2% |
| Monthly Cash Flow | $1,014 | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,635 |
| Total Monthly Debt Service | $1,566 |
| DSCR Ratio | 1.68x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in N/A
N/A lot
$N/A/sqft
$697 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11236, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,656 (100%) |
| Owner Occupied HU | 14,596 (42.1%) |
| Renter Occupied HU | 18,459 (53.3%) |
| Vacant Housing Units | 1,601 ( 4.6%) |
| Median Home Value | $714,028 |
| Average Home Value | $730,006 |
Housing Distribution
Address Breakdown
Residential
24,470
Single Family
18,597
Multi-Family
5,873
Businesses
1,452
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in N/A
N/A lot
$N/A/sqft
$697 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11236, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,656 (100%) |
| Owner Occupied HU | 14,596 (42.1%) |
| Renter Occupied HU | 18,459 (53.3%) |
| Vacant Housing Units | 1,601 ( 4.6%) |
| Median Home Value | $714,028 |
| Average Home Value | $730,006 |
Housing Distribution
Address Breakdown
Residential
24,470
Single Family
18,597
Multi-Family
5,873
Businesses
1,452
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices