2237 63rd StBrooklynNY11204
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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
Total monthly income runs $3,571/mo, and a $9,691/mo payment. Purchase price stands at $1,980,000, and rental yield measures 2.16% with $3,571/mo rent. Return on cash invested shows 2.32% in year one, and 5% annual appreciation builds toward $547,037 over five years. Five-year ROI reaches 9.06% and total cumulative return in cash records $58,108. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,571/mo property income covering a $9,691/mo payment rather than investor’s personal income.
Multi Family
Built in 1924
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11204, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,306 (100%) |
| Owner Occupied HU | 8,047 (29.5%) |
| Renter Occupied HU | 17,747 (65.0%) |
| Vacant Housing Units | 1,512 ( 5.5%) |
| Median Home Value | $1,179,764 |
| Average Home Value | $1,219,030 |
Housing Distribution
Address Breakdown
Residential
23,034
Single Family
10,770
Multi-Family
12,264
Businesses
1,899
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