2837 W 19th St #2ABrooklynNY11224
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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
Investment property for sale in Brooklyn at 2837 W 19th St #2A, Brooklyn, NY, 11224 offers a 9.19% rental yield on a $758,000 purchase with $5,804/mo rent. Total monthly income registers $5,804/mo, and a $3,710/mo payment leaves $742/mo available for distribution. Annual cash flow reaches $8,907/yr on $249,382 to close, and return on cash invested stands at 23.63% in year one. Equity gained on principal adds $4,891/yr while 5% annual appreciation supports $209,421 over five years. Portfolio math shows five-year ROI at 123.42% and total cumulative return in cash at $307,797. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,804/mo property income against a $3,710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11224, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,119 (100%) |
| Owner Occupied HU | 5,815 (25.2%) |
| Renter Occupied HU | 15,544 (67.2%) |
| Vacant Housing Units | 1,760 ( 7.6%) |
| Median Home Value | $574,176 |
| Average Home Value | $741,108 |
Housing Distribution
Address Breakdown
Residential
20,351
Single Family
2,595
Multi-Family
17,756
Businesses
764
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