1075 Sheepshead Bay Rd APT 4GBrooklynNY11229
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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
Rental property for sale in Brooklyn at 1075 Sheepshead Bay Rd APT 4G, Brooklyn, NY, 11229 offers $3,143/mo rent that, after a $1,806/mo payment. Total monthly income is $3,143/mo. Return on cash invested measures 18.76% in year one, and rental yield stands at 10.22% at a $369,000 entry. Equity gained on principal adds $2,381/yr while 5% annual appreciation compounds into $101,948 by year five. Five-year ROI records 100.15% and total cumulative return in cash reaches $122,511. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,143/mo property income versus a $1,806/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1963
N/A lot
$N/A/sqft
$796 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11229, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,898 (100%) |
| Owner Occupied HU | 13,087 (39.8%) |
| Renter Occupied HU | 17,854 (54.3%) |
| Vacant Housing Units | 1,957 ( 5.9%) |
| Median Home Value | $849,561 |
| Average Home Value | $904,894 |
Housing Distribution
Address Breakdown
Residential
28,358
Single Family
12,061
Multi-Family
16,297
Businesses
1,887
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Listed by: Svetlana Borovskiy • High Class Realty SB LLC.
Mls Name: BNYMLS
Mls Provider:
Mls ID: #492341
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.