1402 W 4th St APT D16BrooklynNY11204
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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
Rental property for sale in Brooklyn at 1402 W 4th St APT D16, Brooklyn, NY, 11204 generates $2,326/mo in rent and, after a $1,591/mo payment, leaves $155/mo in cash flow. Total monthly income is $2,326/mo, and annual cash flow is $1,865/yr on $107,737 invested. Return on cash invested sits at 21.64% in year one, and rental yield is 8.59% on a $324,999 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,791 over five years. Five-year ROI reaches 112.79% and total cumulative return in cash sums $121,513. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,326/mo property income rather than buyer’s personal income.
Condo
Built in 1928
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11204, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,306 (100%) |
| Owner Occupied HU | 8,047 (29.5%) |
| Renter Occupied HU | 17,747 (65.0%) |
| Vacant Housing Units | 1,512 ( 5.5%) |
| Median Home Value | $1,179,764 |
| Average Home Value | $1,219,030 |
Housing Distribution
Address Breakdown
Residential
23,034
Single Family
10,770
Multi-Family
12,264
Businesses
1,899
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