2048 E 41st StBrooklynNY11234
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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 2048 E 41st St, Brooklyn, NY, 11234 generates $5,173/mo in rent, after a $3,836/mo payment. Total monthly income is $5,173/mo. Return on cash invested sits at 19.78% in year one, and rental yield is 7.92% on a $783,750 entry. Equity gained on principal adds $5,057/yr, while 5% annual appreciation builds toward $216,536 over five years. Five-year ROI reaches 102.75% and total cumulative return in cash sums $264,954. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,173/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
1,833 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11234, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,763 (100%) |
| Owner Occupied HU | 18,894 (57.7%) |
| Renter Occupied HU | 11,707 (35.7%) |
| Vacant Housing Units | 2,162 ( 6.6%) |
| Median Home Value | $761,967 |
| Average Home Value | $819,145 |
Housing Distribution
Address Breakdown
Residential
26,624
Single Family
22,963
Multi-Family
3,661
Businesses
1,770
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Listed by: Dylan Williams • ABC Real Estate Services, Inc.
Mls Name: BNYMLS
Mls Provider:
Mls ID: #487537
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.