12427 Flatlands Ave #1ABrooklynNY11208
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow12427 Flatlands Ave #1A, Brooklyn, NY, 11208 in Brooklyn earns its strong cash-flow label: 11.52% yield, $3,600/mo rent, $1,097/mo net income, DSCR 2.14. The $374,888 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $103,575 by year five. Combined with $3,453/yr in principal paydown, total projected return reaches $213,511.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 4.2% |
| Monthly Cash Flow | $1,097 | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,600 |
| Total Monthly Debt Service | $2,354 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11208, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,468 (100%) |
| Owner Occupied HU | 7,826 (22.7%) |
| Renter Occupied HU | 24,418 (70.8%) |
| Vacant Housing Units | 2,224 ( 6.5%) |
| Median Home Value | $663,355 |
| Average Home Value | $691,267 |
Housing Distribution
Address Breakdown
Residential
24,478
Single Family
12,077
Multi-Family
12,401
Businesses
1,456
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
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11208, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,468 (100%) |
| Owner Occupied HU | 7,826 (22.7%) |
| Renter Occupied HU | 24,418 (70.8%) |
| Vacant Housing Units | 2,224 ( 6.5%) |
| Median Home Value | $663,355 |
| Average Home Value | $691,267 |
Housing Distribution
Address Breakdown
Residential
24,478
Single Family
12,077
Multi-Family
12,401
Businesses
1,456
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices