192 Spencer St APT 4CBrooklynNY11205
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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 192 Spencer St APT 4C, Brooklyn, NY, 11205 offers $5,892/mo rent that, after a $3,402/mo payment, leaves $785/mo cash flow. Total monthly income is $5,892/mo, and annual cash flow is $9,415/yr on $228,655 cash. Return on cash invested measures 24.18% in year one, and rental yield stands at 10.17% at a $695,000 entry. Equity gained on principal adds $4,485/yr while 5% annual appreciation compounds into $192,016 by year five. Five-year ROI records 127.24% and total cumulative return in cash reaches $290,934. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,892/mo property income versus a $3,402/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
$466 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11205, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,161 (100%) |
| Owner Occupied HU | 4,550 (21.5%) |
| Renter Occupied HU | 14,892 (70.4%) |
| Vacant Housing Units | 1,719 ( 8.1%) |
| Median Home Value | $988,883 |
| Average Home Value | $1,198,598 |
Housing Distribution
Address Breakdown
Residential
18,005
Single Family
2,929
Multi-Family
15,076
Businesses
1,731
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