2286 Cropsey Ave #8BBrooklynNY11214
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
Investment Highlights
Investment property for sale in Brooklyn at 2286 Cropsey Ave #8B, Brooklyn, NY, 11214 with 5% annual appreciation on a $902,000 basis while $4,051/mo rent supports operations. 08% in year one. Equity gained on principal adds $5,820/yr, and five-year appreciation sums $249,206 alongside rental yield of 5.39%. Five-year ROI measures 61.5% and total cumulative return in cash totals $182,499. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,051/mo property income versus a $4,415/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,434 (100%) |
| Owner Occupied HU | 10,119 (28.6%) |
| Renter Occupied HU | 23,064 (65.1%) |
| Vacant Housing Units | 2,251 ( 6.4%) |
| Median Home Value | $988,547 |
| Average Home Value | $1,082,264 |
Housing Distribution
Address Breakdown
Residential
28,784
Single Family
11,176
Multi-Family
17,608
Businesses
1,701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices