1302 83rd St #302BrooklynNY11228
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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
Total monthly income runs $3,840/mo, and a $4,791/mo payment. Purchase price stands at $978,800, and rental yield measures 4.71% with $3,840/mo rent. Return on cash invested shows 8.2% in year one, and 5% annual appreciation builds toward $270,424 over five years. Five-year ROI reaches 41.31% and total cumulative return in cash records $133,016. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,840/mo property income covering a $4,791/mo payment rather than investor’s personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
$487 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11228, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,725 (100%) |
| Owner Occupied HU | 7,861 (44.3%) |
| Renter Occupied HU | 8,618 (48.6%) |
| Vacant Housing Units | 1,246 ( 7.0%) |
| Median Home Value | $1,193,293 |
| Average Home Value | $1,223,802 |
Housing Distribution
Address Breakdown
Residential
11,260
Single Family
8,796
Multi-Family
2,464
Businesses
745
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