1043 Hendrix StBrooklynNY11207
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Brooklyn rentals match the income profile of 1043 Hendrix St, Brooklyn, NY, 11207. Listed at $559,999, gross rent is $4,822/mo and net cash flow is $1,082/mo, a 10.33% yield well above national averages. DSCR 1.92 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $154,717 by year five with $5,158/yr in annual principal reduction, projecting $283,213 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 4.2% |
| Monthly Cash Flow | $1,082 | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,822 |
| Total Monthly Debt Service | $3,517 |
| DSCR Ratio | 1.37x |
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.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11207, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,348 (100%) |
| Owner Occupied HU | 8,527 (21.7%) |
| Renter Occupied HU | 27,657 (70.3%) |
| Vacant Housing Units | 3,164 ( 8.0%) |
| Median Home Value | $703,912 |
| Average Home Value | $757,763 |
Housing Distribution
Address Breakdown
Residential
29,941
Single Family
11,110
Multi-Family
18,831
Businesses
1,787
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
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11207, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,348 (100%) |
| Owner Occupied HU | 8,527 (21.7%) |
| Renter Occupied HU | 27,657 (70.3%) |
| Vacant Housing Units | 3,164 ( 8.0%) |
| Median Home Value | $703,912 |
| Average Home Value | $757,763 |
Housing Distribution
Address Breakdown
Residential
29,941
Single Family
11,110
Multi-Family
18,831
Businesses
1,787
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices