274 Eldert StBrooklynNY11207
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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 274 Eldert St, Brooklyn, NY, 11207 offers $5,828/mo rent that, after a $9,765/mo payment. Total monthly income is $5,828/mo. Return on cash invested measures 6.46% in year one, and rental yield stands at 3.51% at a $1,995,000 entry. Equity gained on principal adds $12,873/yr while 5% annual appreciation compounds into $551,182 by year five. Five-year ROI records 31.26% and total cumulative return in cash reaches $202,065. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,828/mo property income versus a $9,765/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11207, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,348 (100%) |
| Owner Occupied HU | 8,527 (21.7%) |
| Renter Occupied HU | 27,657 (70.3%) |
| Vacant Housing Units | 3,164 ( 8.0%) |
| Median Home Value | $703,912 |
| Average Home Value | $757,763 |
Housing Distribution
Address Breakdown
Residential
29,941
Single Family
11,110
Multi-Family
18,831
Businesses
1,787
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