1349 E 70th StBrooklynNY11234
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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 1349 E 70th St, Brooklyn, NY, 11234 uses $359,640 cash to close to unlock $3,942/yr annual cash flow and $329/mo monthly cash flow. Total monthly income runs $7,741/mo, and a $5,433/mo payment keeps the spread at $329/mo. Purchase price stands at $1,110,000, and rental yield measures 8.37% with $7,741/mo rent. Return on cash invested shows 21.47% in year one, and 5% annual appreciation builds toward $306,673 over five years. Five-year ROI reaches 111.75% and total cumulative return in cash records $401,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,741/mo property income covering a $5,433/mo payment rather than investor’s personal income.
Multi Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11234, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,763 (100%) |
| Owner Occupied HU | 18,894 (57.7%) |
| Renter Occupied HU | 11,707 (35.7%) |
| Vacant Housing Units | 2,162 ( 6.6%) |
| Median Home Value | $761,967 |
| Average Home Value | $819,145 |
Housing Distribution
Address Breakdown
Residential
26,624
Single Family
22,963
Multi-Family
3,661
Businesses
1,770
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