1105 Shore PkwyBrooklynNY11228
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
Investment Highlights
Rental property for sale in Brooklyn at 1105 Shore Pkwy, Brooklyn, NY, 11228 offers $6,082/mo rent that, after a $4,738/mo payment. Total monthly income is $6,082/mo. Return on cash invested measures 18.62% in year one, and rental yield stands at 7.54% at a $968,000 entry. Equity gained on principal adds $6,246/yr while 5% annual appreciation compounds into $267,441 by year five. Five-year ROI records 96.54% and total cumulative return in cash reaches $307,441. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,082/mo property income versus a $4,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11228, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,725 (100%) |
| Owner Occupied HU | 7,861 (44.3%) |
| Renter Occupied HU | 8,618 (48.6%) |
| Vacant Housing Units | 1,246 ( 7.0%) |
| Median Home Value | $1,193,293 |
| Average Home Value | $1,223,802 |
Housing Distribution
Address Breakdown
Residential
11,260
Single Family
8,796
Multi-Family
2,464
Businesses
745
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Nearby investment properties with comparable prices
Listed by: Adam S Weintraub • Berns Agency
Mls Name: SIBOR
Mls Provider:
Mls ID: #2404219
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