289 Stanhope StBrooklynNY11237
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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 289 Stanhope St, Brooklyn, NY, 11237 earns from $6,227/mo rent with a $9,300/mo payment. Total monthly income totals $6,227/mo. ROI tracks 7.77% on current figures, and rental yield reads 3.93% at a $1,900,000 purchase. Equity gained on principal adds $12,260/yr, and 5% annual appreciation supports $524,935 over five years. Five-year ROI reaches 38.33% and total cumulative return in cash sums $235,959. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,227/mo property income instead of your personal income.
Multi Family
Built in 1931
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11237, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,694 (100%) |
| Owner Occupied HU | 1,484 ( 7.9%) |
| Renter Occupied HU | 16,088 (86.1%) |
| Vacant Housing Units | 1,122 ( 6.0%) |
| Median Home Value | $1,120,000 |
| Average Home Value | $1,169,593 |
Housing Distribution
Address Breakdown
Residential
16,389
Single Family
2,877
Multi-Family
13,512
Businesses
1,708
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