1403 Troy AveBrooklynNY11203
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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 1403 Troy Ave, Brooklyn, NY, 11203 priced at $781,800 converts $4,094/mo rent into after a $3,827/mo obligation. Total monthly income equals $4,094/mo. Return on cash invested prints 14.8% in year one, and rental yield reads 6.28% against a $781,800 entry. Equity gained on principal adds $5,045/yr, while 5% annual appreciation compiles into $215,997 by year five. Five-year ROI reaches 76.06% and total cumulative return in cash sums $195,642. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,094/mo property income covering a $3,827/mo payment, not borrower’s personal income.
Multi Family
Built in 1935
1,767 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11203, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,458 (100%) |
| Owner Occupied HU | 10,125 (33.2%) |
| Renter Occupied HU | 18,555 (60.9%) |
| Vacant Housing Units | 1,778 ( 5.8%) |
| Median Home Value | $671,755 |
| Average Home Value | $719,379 |
Housing Distribution
Address Breakdown
Residential
22,794
Single Family
10,334
Multi-Family
12,460
Businesses
1,490
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