2046 Pacific St FLOOR 1BrooklynNY11233
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play2046 Pacific St FLOOR 1, Brooklyn, NY, 11233 in Brooklyn is priced for appreciation, not yield. Rental yield 3.53%. At $1,223,000 with a 3.53% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $337,892 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.65) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $172,389.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 4.2% |
| Monthly Cash Flow | $(4,568) | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,599 |
| Total Monthly Debt Service | $7,680 |
| DSCR Ratio | 0.47x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1901
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11233, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,966 (100%) |
| Owner Occupied HU | 5,665 (17.7%) |
| Renter Occupied HU | 23,881 (74.7%) |
| Vacant Housing Units | 2,420 ( 7.6%) |
| Median Home Value | $1,118,129 |
| Average Home Value | $1,165,978 |
Housing Distribution
Address Breakdown
Residential
26,085
Single Family
8,407
Multi-Family
17,678
Businesses
941
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
Multi Family
Built in 1901
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11233, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,966 (100%) |
| Owner Occupied HU | 5,665 (17.7%) |
| Renter Occupied HU | 23,881 (74.7%) |
| Vacant Housing Units | 2,420 ( 7.6%) |
| Median Home Value | $1,118,129 |
| Average Home Value | $1,165,978 |
Housing Distribution
Address Breakdown
Residential
26,085
Single Family
8,407
Multi-Family
17,678
Businesses
941
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices