1202 Avenue IBrooklynNY11230
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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 1202 Avenue I, Brooklyn, NY, 11230 listed at $1,999,000 pairs $4,086/mo rent with a $9,784/mo payment. Total monthly income runs $4,086/mo. Return on cash invested measures 3.21% in year one, and rental yield registers 2.45% at a $1,999,000 basis. Equity gained on principal adds $12,899/yr, and annual property appreciation at 5% supports $552,287 by year five. Five-year ROI tracks 13.84% and total cumulative return in cash totals $89,657. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,086/mo property income relative to a $9,784/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1930
2,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11230, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,949 (100%) |
| Owner Occupied HU | 8,697 (28.1%) |
| Renter Occupied HU | 20,273 (65.5%) |
| Vacant Housing Units | 1,979 ( 6.4%) |
| Median Home Value | $998,288 |
| Average Home Value | $1,138,275 |
Housing Distribution
Address Breakdown
Residential
30,459
Single Family
8,234
Multi-Family
22,225
Businesses
1,883
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