306 Bay 10th StBrooklynNY11228
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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 306 Bay 10th St, Brooklyn, NY, 11228 listed at $1,299,990 pairs $3,900/mo rent with a $6,363/mo payment. Total monthly income runs $3,900/mo. Return on cash invested measures 6.75% in year one, and rental yield registers 3.6% at a $1,299,990 basis. Equity gained on principal adds $8,389/yr, and annual property appreciation at 5% supports $359,163 by year five. Five-year ROI tracks 32.82% and total cumulative return in cash totals $138,240. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,900/mo property income relative to a $6,363/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1950
1,933 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11228, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,725 (100%) |
| Owner Occupied HU | 7,861 (44.3%) |
| Renter Occupied HU | 8,618 (48.6%) |
| Vacant Housing Units | 1,246 ( 7.0%) |
| Median Home Value | $1,193,293 |
| Average Home Value | $1,223,802 |
Housing Distribution
Address Breakdown
Residential
11,260
Single Family
8,796
Multi-Family
2,464
Businesses
745
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Listed by: Tiffany Feng • Robert Defalco Realty
Mls Name: BNYMLS
Mls Provider:
Mls ID: #487462
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.