28 Malta StBrooklynNY11207
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
Investment Highlights
Rental property for sale in Brooklyn at 28 Malta St, Brooklyn, NY, 11207 generates $3,562/mo in rent and, after a $1,982/mo payment, leaves $858/mo in cash flow. Total monthly income is $3,562/mo, and annual cash flow is $10,295/yr on $134,224 invested. Return on cash invested sits at 27.58% in year one, and rental yield is 10.56% on a $404,900 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation builds toward $111,866 over five years. Five-year ROI reaches 144.6% and total cumulative return in cash sums $194,094. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,562/mo property income rather than buyer’s personal income.
Multi Family
Built in 1901
1,813 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Marcotrigiano • Tom Marco Real Estate
Mls Name: BNYMLS
Mls Provider:
Mls ID: #485265
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.