121 Lewis AveBrooklynNY11221
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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 121 Lewis Ave, Brooklyn, NY, 11221 with 5% annual appreciation on a $1,638,000 basis while $6,262/mo rent supports operations. 8% in year one. Equity gained on principal adds $10,570/yr, and five-year appreciation sums $452,549 alongside rental yield of 4.59%. Five-year ROI measures 49.17% and total cumulative return in cash totals $260,946. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,262/mo property income versus a $8,017/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in N/A
1,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11221, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,771 (100%) |
| Owner Occupied HU | 6,151 (15.9%) |
| Renter Occupied HU | 29,138 (75.2%) |
| Vacant Housing Units | 3,482 ( 9.0%) |
| Median Home Value | $1,248,648 |
| Average Home Value | $1,267,842 |
Housing Distribution
Address Breakdown
Residential
31,571
Single Family
10,153
Multi-Family
21,418
Businesses
1,223
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Listed by: Ray Long Wu • Ashford Homes LLC
Mls Name: BNYMLS
Mls Provider:
Mls ID: #489726
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.