306 Milford St FLOOR 1BrooklynNY11208
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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 Milford St FLOOR 1, Brooklyn, NY, 11208 offers a 10.39% rental yield on a $1,165,000 purchase with $10,090/mo rent. Total monthly income registers $10,090/mo, and a $5,702/mo payment leaves $2,310/mo available for distribution. Annual cash flow reaches $27,725/yr on $377,460 to close, and return on cash invested stands at 27.72% in year one. Equity gained on principal adds $7,518/yr while 5% annual appreciation supports $321,868 over five years. Portfolio math shows five-year ROI at 145.27% and total cumulative return in cash at $548,319. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $10,090/mo property income against a $5,702/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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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