1292 Saint Marks Avenue #2BrooklynNY11213
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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 1292 Saint Marks Avenue #2, Brooklyn, NY, 11213 earns $867/mo cash flow from $4,199/mo rent with a $2,442/mo payment. Total monthly income totals $4,199/mo, and annual cash flow totals $10,405/yr on $165,419 capital. ROI tracks 26.2% on current figures, and rental yield reads 10.1% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 137.23% and total cumulative return in cash sums $227,010. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,199/mo property income instead of your personal income.
Condo
Built in 2007
1,911 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11213, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,523 (100%) |
| Owner Occupied HU | 4,048 (14.7%) |
| Renter Occupied HU | 21,356 (77.6%) |
| Vacant Housing Units | 2,119 ( 7.7%) |
| Median Home Value | $1,187,974 |
| Average Home Value | $1,262,164 |
Housing Distribution
Address Breakdown
Residential
23,699
Single Family
4,859
Multi-Family
18,840
Businesses
1,169
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