3220 Avenue N #EBrooklynNY11210
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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 3220 Avenue N #E, Brooklyn, NY, 11210 generates $1,764/mo in rent and, after a $1,273/mo payment, leaves $27/mo in cash flow. Total monthly income is $1,764/mo, and annual cash flow is $328/yr on $86,190 invested. Return on cash invested sits at 20.29% in year one, and rental yield is 8.14% on a $259,999 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 105.57% and total cumulative return in cash sums $90,989. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,764/mo property income rather than buyer’s personal income.
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
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