1983 W 7th StBrooklynNY11223
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 1983 W 7th St, Brooklyn, NY, 11223 at $1,788,000 posts ROI 7.13% with from $5,549/mo rent. Total monthly income equals $5,549/mo. Return on cash invested measures 7.13% and rental yield reads 3.72% at the current $1,788,000. Equity gained on principal adds $11,538/yr, and 5% annual appreciation supports $493,991 by year five. Five-year ROI prints 34.88% and total cumulative return in cash totals $202,092. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,549/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1931
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11223, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,920 (100%) |
| Owner Occupied HU | 9,651 (30.2%) |
| Renter Occupied HU | 20,192 (63.3%) |
| Vacant Housing Units | 2,077 ( 6.5%) |
| Median Home Value | $1,073,206 |
| Average Home Value | $1,146,126 |
Housing Distribution
Address Breakdown
Residential
23,793
Single Family
11,075
Multi-Family
12,718
Businesses
2,108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices