1040 Carroll St APT 4IBrooklynNY11225
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1040 Carroll St APT 4I, Brooklyn, NY, 11225 in Brooklyn speaks for itself: 19.21% gross on a $291,000 price, generating $4,658/mo in rent and $2,330/mo in net income after the $1,309/mo debt service. DSCR 3.56, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $27,962 stacks alongside $80,398 in projected five-year appreciation and $2,680/yr in principal reduction. Projected total cumulative return: $262,573.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.2% | 4.2% |
| Monthly Cash Flow | $2,330 | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,658 |
| Total Monthly Debt Service | $2,212 |
| DSCR Ratio | 2.11x |
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 1927
N/A lot
$N/A/sqft
$385 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
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 1927
N/A lot
$N/A/sqft
$385 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices