2630 Cropsey Ave APT 2EBrooklynNY11214
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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 2630 Cropsey Ave APT 2E, Brooklyn, NY, 11214 priced at $265,000 pairs $2,257/mo rent with after a $1,297/mo payment. Total monthly income equals $2,257/mo. Return on cash invested is 15.65% in year one, and rental yield stands at 10.22% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 84.64% and total cumulative return in cash reaches $74,355. For financing, Ziffy Mortgage’s DSCR program evaluates $2,257/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1963
N/A lot
$N/A/sqft
$799 monthly 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
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