2901 Avenue N #EBrooklynNY11210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2901 Avenue N #E, Brooklyn, NY, 11210 offers a 9.61% rental yield on a $398,888 purchase with $3,193/mo rent. Total monthly income registers $3,193/mo, and a $1,952/mo payment leaves $530/mo available for distribution. Annual cash flow reaches $6,356/yr on $132,231 to close, and return on cash invested stands at 24.72% in year one. Equity gained on principal adds $2,574/yr while 5% annual appreciation supports $110,205 over five years. Portfolio math shows five-year ROI at 129.26% and total cumulative return in cash at $170,919. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,193/mo property income against a $1,952/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1941
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11210, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,039 (100%) |
| Owner Occupied HU | 8,974 (34.5%) |
| Renter Occupied HU | 15,478 (59.4%) |
| Vacant Housing Units | 1,587 ( 6.1%) |
| Median Home Value | $859,832 |
| Average Home Value | $946,487 |
Housing Distribution
Address Breakdown
Residential
20,180
Single Family
11,148
Multi-Family
9,032
Businesses
1,154
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices