1040 Carroll St APT 4IBrooklynNY11225
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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 4I, Brooklyn, NY, 11225 uses $96,467 cash to close to unlock $27,961/yr annual cash flow and $2,330/mo monthly cash flow. Total monthly income runs $4,658/mo, and a $1,424/mo payment keeps the spread at $2,330/mo. Purchase price stands at $291,000, and rental yield measures 19.21% with $4,658/mo rent. Return on cash invested shows 48.89% in year one, and 5% annual appreciation builds toward $80,398 over five years. Five-year ROI reaches 260.69% and total cumulative return in cash records $251,478. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,658/mo property income covering a $1,424/mo payment rather than investor’s personal income.
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
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