157 Bay 38 StBrooklynNY11214
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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 157 Bay 38 St, Brooklyn, NY, 11214 at $1,699,999 posts ROI 12.79% with from $7,872/mo rent. Total monthly income equals $7,872/mo. Return on cash invested measures 12.79% and rental yield reads 5.56% at the current $1,699,999. Equity gained on principal adds $10,970/yr, and 5% annual appreciation supports $469,678 by year five. Five-year ROI prints 65.21% and total cumulative return in cash totals $359,179. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,872/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,434 (100%) |
| Owner Occupied HU | 10,119 (28.6%) |
| Renter Occupied HU | 23,064 (65.1%) |
| Vacant Housing Units | 2,251 ( 6.4%) |
| Median Home Value | $988,547 |
| Average Home Value | $1,082,264 |
Housing Distribution
Address Breakdown
Residential
28,784
Single Family
11,176
Multi-Family
17,608
Businesses
1,701
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