1040 Carroll St APT 2KBrooklynNY11225
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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 1040 Carroll St APT 2K, Brooklyn, NY, 11225 earns from $2,357/mo rent with a $1,713/mo payment. Total monthly income totals $2,357/mo. ROI tracks 13.28% on current figures, and rental yield reads 8.08% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 70.39% and total cumulative return in cash sums $81,674. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,357/mo property income instead of your personal income.
Condo
Built in 1927
N/A lot
$N/A/sqft
$661 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11225, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,109 (100%) |
| Owner Occupied HU | 3,500 (13.4%) |
| Renter Occupied HU | 21,136 (81.0%) |
| Vacant Housing Units | 1,473 ( 5.6%) |
| Median Home Value | $1,350,614 |
| Average Home Value | $1,339,060 |
Housing Distribution
Address Breakdown
Residential
23,560
Single Family
3,575
Multi-Family
19,985
Businesses
1,117
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