2908 X AveBrooklynNY11235
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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 $3,545/mo, and a $6,240/mo payment. Purchase price stands at $1,275,000, and rental yield measures 3.34% with $3,545/mo rent. Return on cash invested shows 5.94% in year one, and 5% annual appreciation builds toward $352,259 over five years. Five-year ROI reaches 28.47% and total cumulative return in cash records $117,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,545/mo property income covering a $6,240/mo payment rather than investor’s personal income.
Multi Family
Built in 1950
2,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11235, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,528 (100%) |
| Owner Occupied HU | 12,309 (34.6%) |
| Renter Occupied HU | 21,027 (59.2%) |
| Vacant Housing Units | 2,192 ( 6.2%) |
| Median Home Value | $818,168 |
| Average Home Value | $852,087 |
Housing Distribution
Address Breakdown
Residential
34,125
Single Family
9,107
Multi-Family
25,018
Businesses
2,017
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