1370 E 83rd St FLOOR 1BrooklynNY11236
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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 $4,499/mo, and a $7,342/mo payment. Purchase price stands at $1,500,000, and rental yield measures 3.6% with $4,499/mo rent. Return on cash invested shows 6.75% in year one, and 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 32.8% and total cumulative return in cash records $159,419. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,499/mo property income covering a $7,342/mo payment rather than investor’s personal income.
Multi Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11236, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,656 (100%) |
| Owner Occupied HU | 14,596 (42.1%) |
| Renter Occupied HU | 18,459 (53.3%) |
| Vacant Housing Units | 1,601 ( 4.6%) |
| Median Home Value | $714,028 |
| Average Home Value | $730,006 |
Housing Distribution
Address Breakdown
Residential
24,470
Single Family
18,597
Multi-Family
5,873
Businesses
1,452
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