1390 Putnam Ave #1FBrooklynNY11221
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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 1390 Putnam Ave #1F, Brooklyn, NY, 11221 earns $219/mo cash flow from $3,551/mo rent with a $2,442/mo payment. Total monthly income totals $3,551/mo, and annual cash flow totals $2,629/yr on $165,419 capital. ROI tracks 21.5% on current figures, and rental yield reads 8.54% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 112.02% and total cumulative return in cash sums $185,310. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,551/mo property income instead of your personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11221, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,771 (100%) |
| Owner Occupied HU | 6,151 (15.9%) |
| Renter Occupied HU | 29,138 (75.2%) |
| Vacant Housing Units | 3,482 ( 9.0%) |
| Median Home Value | $1,248,648 |
| Average Home Value | $1,267,842 |
Housing Distribution
Address Breakdown
Residential
31,571
Single Family
10,153
Multi-Family
21,418
Businesses
1,223
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