1688 Bergen StBrooklynNY11213
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 1688 Bergen St, Brooklyn, NY, 11213 earns $3,471/mo cash flow from $11,484/mo rent with a $5,873/mo payment. Total monthly income totals $11,484/mo, and annual cash flow totals $41,652/yr on $388,800 capital. ROI tracks 31.08% on current figures, and rental yield reads 11.48% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 163.31% and total cumulative return in cash sums $634,967. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $11,484/mo property income instead of your personal income.
Multi Family
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11213, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,523 (100%) |
| Owner Occupied HU | 4,048 (14.7%) |
| Renter Occupied HU | 21,356 (77.6%) |
| Vacant Housing Units | 2,119 ( 7.7%) |
| Median Home Value | $1,187,974 |
| Average Home Value | $1,262,164 |
Housing Distribution
Address Breakdown
Residential
23,699
Single Family
4,859
Multi-Family
18,840
Businesses
1,169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices