280 Nassau Ave APT 1ABrooklynNY11222
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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
Total monthly income runs $5,678/mo, and a $4,650/mo payment. Purchase price stands at $950,000, and rental yield measures 7.17% with $5,678/mo rent. Return on cash invested shows 16.17% in year one, and 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 83.88% and total cumulative return in cash records $262,178. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,678/mo property income covering a $4,650/mo payment rather than investor’s personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
$347 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11222, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,919 (100%) |
| Owner Occupied HU | 3,068 (12.8%) |
| Renter Occupied HU | 17,791 (74.4%) |
| Vacant Housing Units | 3,060 (12.8%) |
| Median Home Value | $1,554,790 |
| Average Home Value | $1,466,272 |
Housing Distribution
Address Breakdown
Residential
21,134
Single Family
3,188
Multi-Family
17,946
Businesses
2,681
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