306 Milford StBrooklynNY11208
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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
Rental property for sale in Brooklyn at 306 Milford St, Brooklyn, NY, 11208 generates $9,956/mo in rent and, after a $5,702/mo payment, leaves $2,176/mo in cash flow. Total monthly income is $9,956/mo, and annual cash flow is $26,117/yr on $377,460 invested. Return on cash invested sits at 27.29% in year one, and rental yield is 10.26% on a $1,165,000 entry. Equity gained on principal adds $7,518/yr, while 5% annual appreciation builds toward $321,868 over five years. Five-year ROI reaches 142.98% and total cumulative return in cash sums $539,679. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,956/mo property income rather than buyer’s personal income.
Multi Family
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11208, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,468 (100%) |
| Owner Occupied HU | 7,826 (22.7%) |
| Renter Occupied HU | 24,418 (70.8%) |
| Vacant Housing Units | 2,224 ( 6.5%) |
| Median Home Value | $663,355 |
| Average Home Value | $691,267 |
Housing Distribution
Address Breakdown
Residential
24,478
Single Family
12,077
Multi-Family
12,401
Businesses
1,456
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