150 Myrtle Ave APT 305BrooklynNY11201
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 150 Myrtle Ave APT 305, Brooklyn, NY, 11201 at $800,000 posts ROI 40.59% with $4,502/mo cash flow from $10,944/mo rent. Total monthly income equals $10,944/mo, and annual cash flow records $54,028/yr on $263,200 to close. Return on cash invested measures 40.59% and rental yield reads 16.42% at the current $800,000. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,025 by year five. Five-year ROI prints 216.16% and total cumulative return in cash totals $568,940.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $10,944/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2009
N/A lot
$N/A/sqft
$1,099 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11201, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,878 (100%) |
| Owner Occupied HU | 10,690 (27.5%) |
| Renter Occupied HU | 23,599 (60.7%) |
| Vacant Housing Units | 4,589 (11.8%) |
| Median Home Value | $1,369,636 |
| Average Home Value | $1,410,575 |
Housing Distribution
Address Breakdown
Residential
37,887
Single Family
2,025
Multi-Family
35,862
Businesses
3,130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices