2675 E 7th St #3LBrooklynNY11235
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2675 E 7th St #3L, Brooklyn, NY, 11235 in Brooklyn deserves attention. This $382,000 property earns $4,228/mo in rent, a 13.28% gross yield, and nets $551/mo after the $1,718/mo payment. DSCR 2.46 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $105,540 compounds alongside $3,518/yr in yearly equity build, for a total cumulative return of $186,015.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.3% | 4.2% |
| Monthly Cash Flow | $551 | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,228 |
| Total Monthly Debt Service | $3,525 |
| DSCR Ratio | 1.20x |
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 1956
N/A lot
$N/A/sqft
$1,126 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
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 1956
N/A lot
$N/A/sqft
$1,126 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices