270 Greene Ave APT 3BBrooklynNY11238
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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 270 Greene Ave APT 3B, Brooklyn, NY, 11238 offers $6,763/mo rent that, after a $7,337/mo payment. Total monthly income is $6,763/mo. Return on cash invested measures 10.82% in year one, and rental yield stands at 5.41% at a $1,499,000 entry. Equity gained on principal adds $9,673/yr while 5% annual appreciation compounds into $414,146 by year five. Five-year ROI records 55.2% and total cumulative return in cash reaches $268,089. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,763/mo property income versus a $7,337/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
$619 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,474 (100%) |
| Owner Occupied HU | 6,812 (23.1%) |
| Renter Occupied HU | 20,449 (69.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,403,531 |
| Average Home Value | $1,446,411 |
Housing Distribution
Address Breakdown
Residential
29,567
Single Family
3,670
Multi-Family
25,897
Businesses
1,362
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