108-49 Sea View Ave #29BBrooklynNY11239
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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 108-49 Sea View Ave #29B, Brooklyn, NY, 11239 generates $3,439/mo in rent and, after a $1,610/mo payment, leaves $847/mo in cash flow. Total monthly income is $3,439/mo, and annual cash flow is $10,167/yr on $109,064 invested. Return on cash invested sits at 29.23% in year one, and rental yield is 12.54% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 155.07% and total cumulative return in cash sums $169,125. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,439/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$395 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11239, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,432 (100%) |
| Owner Occupied HU | 863 (10.2%) |
| Renter Occupied HU | 7,286 (86.4%) |
| Vacant Housing Units | 283 ( 3.4%) |
| Median Home Value | $600,074 |
| Average Home Value | $636,347 |
Housing Distribution
Address Breakdown
Residential
9,515
Single Family
1,068
Multi-Family
8,447
Businesses
130
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