2035 E 7th St APT 5FBrooklynNY11223
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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
Investment property for sale in Brooklyn at 2035 E 7th St APT 5F, Brooklyn, NY, 11223 uses $77,903 cash to close to unlock $1,055/yr annual cash flow and $88/mo monthly cash flow. Total monthly income runs $1,657/mo, and a $1,150/mo payment keeps the spread at $88/mo. Purchase price stands at $235,000, and rental yield measures 8.46% with $1,657/mo rent. Return on cash invested shows 21.26% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 110.73% and total cumulative return in cash records $86,260. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,657/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 1962
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
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