122 28th AveBrooklynNY11214
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 122 28th Ave, Brooklyn, NY, 11214 in Brooklyn worth study. Rental yield 2.49%. The 2.49% gross yield is below cash-flow benchmarks at $1,589,888, but 5% annual appreciation, adding $439,257 over five years, frames this as a capital growth position. Rent of $3,296/mo partially offsets the $7,149/mo payment. Ziffy Mortgage finances appreciation-play properties (0.46 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $135,126.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.5% | 4.2% |
| Monthly Cash Flow | $(7,321) | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,296 |
| Total Monthly Debt Service | $9,984 |
| DSCR Ratio | 0.33x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1965
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,434 (100%) |
| Owner Occupied HU | 10,119 (28.6%) |
| Renter Occupied HU | 23,064 (65.1%) |
| Vacant Housing Units | 2,251 ( 6.4%) |
| Median Home Value | $988,547 |
| Average Home Value | $1,082,264 |
Housing Distribution
Address Breakdown
Residential
28,784
Single Family
11,176
Multi-Family
17,608
Businesses
1,701
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
Multi Family
Built in 1965
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,434 (100%) |
| Owner Occupied HU | 10,119 (28.6%) |
| Renter Occupied HU | 23,064 (65.1%) |
| Vacant Housing Units | 2,251 ( 6.4%) |
| Median Home Value | $988,547 |
| Average Home Value | $1,082,264 |
Housing Distribution
Address Breakdown
Residential
28,784
Single Family
11,176
Multi-Family
17,608
Businesses
1,701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Monique P Tufano • Robert DeFalco Realty, Inc.
Mls Name: SIBOR
Mls Provider:
Mls ID: #2400994
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