239 Kingston AveBrooklynNY11213
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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 239 Kingston Ave, Brooklyn, NY, 11213 priced at $1,650,000 pairs $8,664/mo rent with after a $8,076/mo payment. Total monthly income equals $8,664/mo. Return on cash invested is 15.08% in year one, and rental yield stands at 6.3% on a $1,650,000 basis. Equity gained on principal adds $10,647/yr, and 5% annual appreciation accumulates to $455,865 by year five. Five-year ROI measures 77.53% and total cumulative return in cash reaches $414,473. For financing, Ziffy Mortgage’s DSCR program evaluates $8,664/mo property income against a $8,076/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1931
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11213, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,523 (100%) |
| Owner Occupied HU | 4,048 (14.7%) |
| Renter Occupied HU | 21,356 (77.6%) |
| Vacant Housing Units | 2,119 ( 7.7%) |
| Median Home Value | $1,187,974 |
| Average Home Value | $1,262,164 |
Housing Distribution
Address Breakdown
Residential
23,699
Single Family
4,859
Multi-Family
18,840
Businesses
1,169
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