2330 Voorhies Ave UNIT HBrooklynNY11235
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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
Rental property for sale in Brooklyn at 2330 Voorhies Ave UNIT H, Brooklyn, NY, 11235 priced at $418,000 converts $4,477/mo rent into $706/mo cash flow after a $2,046/mo obligation. Total monthly income equals $4,477/mo, and annual cash flow totals $8,467/yr on $138,567 invested. Return on cash invested prints 26.02% in year one, and rental yield reads 12.85% against a $418,000 entry. Equity gained on principal adds $2,697/yr, while 5% annual appreciation compiles into $115,486 by year five. Five-year ROI reaches 139.33% and total cumulative return in cash sums $193,071. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,477/mo property income covering a $2,046/mo payment, not borrower’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$980 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11235, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,528 (100%) |
| Owner Occupied HU | 12,309 (34.6%) |
| Renter Occupied HU | 21,027 (59.2%) |
| Vacant Housing Units | 2,192 ( 6.2%) |
| Median Home Value | $818,168 |
| Average Home Value | $852,087 |
Housing Distribution
Address Breakdown
Residential
34,125
Single Family
9,107
Multi-Family
25,018
Businesses
2,017
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