114 S 2nd St #2BrooklynNY11249
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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
Investment property for sale in Brooklyn at 114 S 2nd St #2, Brooklyn, NY, 11249 listed at $1,981,727 pairs $8,564/mo rent with a $9,700/mo payment. Total monthly income runs $8,564/mo. Return on cash invested measures 11.64% in year one, and rental yield registers 5.19% at a $1,981,727 basis. Equity gained on principal adds $12,788/yr, and annual property appreciation at 5% supports $547,515 by year five. Five-year ROI tracks 59.06% and total cumulative return in cash totals $379,230. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,564/mo property income relative to a $9,700/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11249, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,590 (100%) |
| Owner Occupied HU | 2,614 (13.3%) |
| Renter Occupied HU | 15,015 (76.6%) |
| Vacant Housing Units | 1,961 (10.0%) |
| Median Home Value | $1,414,969 |
| Average Home Value | $1,413,021 |
Housing Distribution
Address Breakdown
Residential
18,160
Single Family
1,898
Multi-Family
16,262
Businesses
889
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