28 S Oxford St APT 2BrooklynNY11217
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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 28 S Oxford St APT 2, Brooklyn, NY, 11217 priced at $1,125,000 converts $8,099/mo rent into after a $5,506/mo obligation. Total monthly income equals $8,099/mo. Return on cash invested prints 19.91% in year one, and rental yield reads 8.64% against a $1,125,000 entry. Equity gained on principal adds $7,259/yr, while 5% annual appreciation compiles into $310,817 by year five. Five-year ROI reaches 104.28% and total cumulative return in cash sums $380,096. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,099/mo property income covering a $5,506/mo payment, not borrower’s personal income.
Condo
Built in 1930
N/A lot
$N/A/sqft
$726 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11217, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,719 (100%) |
| Owner Occupied HU | 5,268 (21.3%) |
| Renter Occupied HU | 17,323 (70.1%) |
| Vacant Housing Units | 2,128 ( 8.6%) |
| Median Home Value | $1,753,412 |
| Average Home Value | $1,604,739 |
Housing Distribution
Address Breakdown
Residential
20,350
Single Family
2,859
Multi-Family
17,491
Businesses
1,444
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