2859 Harway AveBrooklynNY11214
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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 2859 Harway Ave, Brooklyn, NY, 11214 earns $47/mo cash flow from $5,716/mo rent with a $4,155/mo payment. Total monthly income totals $5,716/mo, and annual cash flow totals $563/yr on $279,321 capital. ROI tracks 20.26% on current figures, and rental yield reads 8.08% at a $849,000 purchase. Equity gained on principal adds $5,478/yr, and 5% annual appreciation supports $234,563 over five years. Five-year ROI reaches 105.34% and total cumulative return in cash sums $294,224. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,716/mo property income instead of your personal income.
Single Family
Built in 1901
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,434 (100%) |
| Owner Occupied HU | 10,119 (28.6%) |
| Renter Occupied HU | 23,064 (65.1%) |
| Vacant Housing Units | 2,251 ( 6.4%) |
| Median Home Value | $988,547 |
| Average Home Value | $1,082,264 |
Housing Distribution
Address Breakdown
Residential
28,784
Single Family
11,176
Multi-Family
17,608
Businesses
1,701
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