2144 Atlantic AveBrooklynNY11233
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2144 Atlantic Ave, Brooklyn, NY, 11233 in Brooklyn. At $895,000 it earns $7,336/mo in rent and distributes $1,359/mo to the owner after the $4,024/mo payment, a consistent 9.84% yield. DSCR 1.82 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $247,272 in value; $8,243/yr in principal paydown compounds ownership stake. Total projected return: $428,775.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 4.2% |
| Monthly Cash Flow | $1,359 | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,336 |
| Total Monthly Debt Service | $5,621 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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