1390 Madison StBrooklynNY11237
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 1390 Madison St, Brooklyn, NY, 11237 uses $391,068 cash to close to unlock $9,486/yr annual cash flow and $791/mo monthly cash flow. Total monthly income runs $8,851/mo, and a $5,908/mo payment keeps the spread at $791/mo. Purchase price stands at $1,207,000, and rental yield measures 8.8% with $8,851/mo rent. Return on cash invested shows 22.8% in year one, and 5% annual appreciation builds toward $333,472 over five years. Five-year ROI reaches 118.88% and total cumulative return in cash records $464,905. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,851/mo property income covering a $5,908/mo payment rather than investor’s personal income.
Single Family
Built in 1910
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11237, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,694 (100%) |
| Owner Occupied HU | 1,484 ( 7.9%) |
| Renter Occupied HU | 16,088 (86.1%) |
| Vacant Housing Units | 1,122 ( 6.0%) |
| Median Home Value | $1,120,000 |
| Average Home Value | $1,169,593 |
Housing Distribution
Address Breakdown
Residential
16,389
Single Family
2,877
Multi-Family
13,512
Businesses
1,708
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices