1306 E 83rd St UNIT 202BrooklynNY11228
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 1306 E 83rd St UNIT 202, Brooklyn, NY, 11228 earns from $3,120/mo rent with a $4,106/mo payment. Total monthly income totals $3,120/mo. ROI tracks 7.42% on current figures, and rental yield reads 4.46% at a $838,800 purchase. Equity gained on principal adds $5,413/yr, and 5% annual appreciation supports $231,745 over five years. Five-year ROI reaches 37.14% and total cumulative return in cash sums $102,489. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,120/mo property income instead of your personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$426 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices