224 Highland Blvd APT 611BrooklynNY11207
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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 224 Highland Blvd APT 611, Brooklyn, NY, 11207 earns $26/mo cash flow from $1,696/mo rent with a $1,224/mo payment. Total monthly income totals $1,696/mo, and annual cash flow totals $314/yr on $82,875 capital. ROI tracks 20.29% on current figures, and rental yield reads 8.14% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 105.55% and total cumulative return in cash sums $87,478. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,696/mo property income instead of your personal income.
Condo
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11207, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,348 (100%) |
| Owner Occupied HU | 8,527 (21.7%) |
| Renter Occupied HU | 27,657 (70.3%) |
| Vacant Housing Units | 3,164 ( 8.0%) |
| Median Home Value | $703,912 |
| Average Home Value | $757,763 |
Housing Distribution
Address Breakdown
Residential
29,941
Single Family
11,110
Multi-Family
18,831
Businesses
1,787
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