1049 E 29th StBrooklynNY11210
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1049 E 29th St, Brooklyn, NY, 11210 in Brooklyn speaks for itself: 10.37% gross on a $1,295,000 price, generating $11,188/mo in rent and $2,540/mo in net income after the $5,823/mo debt service. DSCR 1.92, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $30,478 stacks alongside $357,785 in projected five-year appreciation and $11,927/yr in principal reduction. Projected total cumulative return: $657,264.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 4.2% |
| Monthly Cash Flow | $2,540 | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $11,188 |
| Total Monthly Debt Service | $8,133 |
| DSCR Ratio | 1.38x |
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 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11210, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,039 (100%) |
| Owner Occupied HU | 8,974 (34.5%) |
| Renter Occupied HU | 15,478 (59.4%) |
| Vacant Housing Units | 1,587 ( 6.1%) |
| Median Home Value | $859,832 |
| Average Home Value | $946,487 |
Housing Distribution
Address Breakdown
Residential
20,180
Single Family
11,148
Multi-Family
9,032
Businesses
1,154
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 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11210, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,039 (100%) |
| Owner Occupied HU | 8,974 (34.5%) |
| Renter Occupied HU | 15,478 (59.4%) |
| Vacant Housing Units | 1,587 ( 6.1%) |
| Median Home Value | $859,832 |
| Average Home Value | $946,487 |
Housing Distribution
Address Breakdown
Residential
20,180
Single Family
11,148
Multi-Family
9,032
Businesses
1,154
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices