195 Spencer St APT 7BBrooklynNY11205
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 195 Spencer St APT 7B, Brooklyn, NY, 11205 earns from $3,468/mo rent with a $4,451/mo payment. Total monthly income totals $3,468/mo. ROI tracks 9.61% on current figures, and rental yield reads 4.58% at a $909,400 purchase. Equity gained on principal adds $5,868/yr, and 5% annual appreciation supports $251,250 over five years. Five-year ROI reaches 48.25% and total cumulative return in cash sums $144,359. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,468/mo property income instead of your personal income.
Condo
Built in 2004
4,000 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices