2607 Avenue N #CBrooklynNY11210
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2607 Avenue N #C, Brooklyn, NY, 11210 in Brooklyn earns a respectable 8.07% gross yield at $249,000, but after the $1,120/mo mortgage the net cash flow is $12/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.50) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $68,794 over five years, making equity the dominant return driver. Total projected return: $95,709.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 4.2% |
| Monthly Cash Flow | $12 | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,675 |
| Total Monthly Debt Service | $1,564 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11210, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,039 (100%) |
| Owner Occupied HU | 8,974 (34.5%) |
| Renter Occupied HU | 15,478 (59.4%) |
| Vacant Housing Units | 1,587 ( 6.1%) |
| Median Home Value | $859,832 |
| Average Home Value | $946,487 |
Housing Distribution
Address Breakdown
Residential
20,180
Single Family
11,148
Multi-Family
9,032
Businesses
1,154
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
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11210, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,039 (100%) |
| Owner Occupied HU | 8,974 (34.5%) |
| Renter Occupied HU | 15,478 (59.4%) |
| Vacant Housing Units | 1,587 ( 6.1%) |
| Median Home Value | $859,832 |
| Average Home Value | $946,487 |
Housing Distribution
Address Breakdown
Residential
20,180
Single Family
11,148
Multi-Family
9,032
Businesses
1,154
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices