15A Dewey PlBrooklynNY11233
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
Rental property for sale in Brooklyn at 15A Dewey Pl, Brooklyn, NY, 11233 priced at $1,199,000 converts $4,475/mo rent into after a $5,869/mo obligation. Total monthly income equals $4,475/mo. Return on cash invested prints 9.46% in year one, and rental yield reads 4.48% against a $1,199,000 entry. Equity gained on principal adds $7,737/yr, while 5% annual appreciation compiles into $331,262 by year five. Five-year ROI reaches 47.36% and total cumulative return in cash sums $183,993. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,475/mo property income covering a $5,869/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
1,463 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11233, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,966 (100%) |
| Owner Occupied HU | 5,665 (17.7%) |
| Renter Occupied HU | 23,881 (74.7%) |
| Vacant Housing Units | 2,420 ( 7.6%) |
| Median Home Value | $1,118,129 |
| Average Home Value | $1,165,978 |
Housing Distribution
Address Breakdown
Residential
26,085
Single Family
8,407
Multi-Family
17,678
Businesses
941
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices