2428 E 71st StBrooklynNY11234
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 2428 E 71st St, Brooklyn, NY, 11234 uses $282,940 cash to close to unlock $23,188/yr annual cash flow and $1,932/mo monthly cash flow. Total monthly income runs $7,675/mo, and a $4,209/mo payment keeps the spread at $1,932/mo. Purchase price stands at $860,000, and rental yield measures 10.71% with $7,675/mo rent. Return on cash invested shows 28.26% in year one, and 5% annual appreciation builds toward $237,602 over five years. Five-year ROI reaches 148.22% and total cumulative return in cash records $419,369. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,675/mo property income covering a $4,209/mo payment rather than investor’s personal income.
Single Family
Built in 1975
2,408 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11234, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,763 (100%) |
| Owner Occupied HU | 18,894 (57.7%) |
| Renter Occupied HU | 11,707 (35.7%) |
| Vacant Housing Units | 2,162 ( 6.6%) |
| Median Home Value | $761,967 |
| Average Home Value | $819,145 |
Housing Distribution
Address Breakdown
Residential
26,624
Single Family
22,963
Multi-Family
3,661
Businesses
1,770
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Konner • Douglas Elliman Real Estate
Mls Name: BNYMLS
Mls Provider:
Mls ID: #484957
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.