2144 Atlantic AveBrooklynNY11233
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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 2144 Atlantic Ave, Brooklyn, NY, 11233 with 5% annual appreciation on a $895,000 basis while $7,336/mo rent supports operations. Total monthly income totals $7,336/mo and a $4,381/mo payment preserves $1,359/mo for cash returns. Annual cash flow comes to $16,307/yr on $294,455 deployed, and return on cash invested reaches 25.6% in year one. Equity gained on principal adds $5,775/yr, and five-year appreciation sums $247,272 alongside rental yield of 9.84%. Five-year ROI measures 133.96% and total cumulative return in cash totals $394,454.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,336/mo property income versus a $4,381/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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
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