1231 Remsen AveBrooklynNY11236
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
Investment property for sale in Brooklyn at 1231 Remsen Ave, Brooklyn, NY, 11236 listed at $759,000 pairs $3,826/mo rent with a $3,715/mo payment. Total monthly income runs $3,826/mo. Return on cash invested measures 14.09% in year one, and rental yield registers 6.05% at a $759,000 basis. Equity gained on principal adds $4,898/yr, and annual property appreciation at 5% supports $209,698 by year five. Five-year ROI tracks 72.25% and total cumulative return in cash totals $180,419. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,826/mo property income relative to a $3,715/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1945
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11236, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,656 (100%) |
| Owner Occupied HU | 14,596 (42.1%) |
| Renter Occupied HU | 18,459 (53.3%) |
| Vacant Housing Units | 1,601 ( 4.6%) |
| Median Home Value | $714,028 |
| Average Home Value | $730,006 |
Housing Distribution
Address Breakdown
Residential
24,470
Single Family
18,597
Multi-Family
5,873
Businesses
1,452
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices