329 Grand Ave #BBrooklynNY11238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 329 Grand Ave #B, Brooklyn, NY, 11238 priced at $1,398,750 pairs $6,394/mo rent with after a $6,846/mo payment. Total monthly income equals $6,394/mo. Return on cash invested is 11.77% in year one, and rental yield stands at 5.49% on a $1,398,750 basis. Equity gained on principal adds $9,026/yr, and 5% annual appreciation accumulates to $386,449 by year five. Five-year ROI measures 60.05% and total cumulative return in cash reaches $272,135. For financing, Ziffy Mortgage’s DSCR program evaluates $6,394/mo property income against a $6,846/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1957
1.01 Acres lot
$N/A/sqft
$301 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,474 (100%) |
| Owner Occupied HU | 6,812 (23.1%) |
| Renter Occupied HU | 20,449 (69.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,403,531 |
| Average Home Value | $1,446,411 |
Housing Distribution
Address Breakdown
Residential
29,567
Single Family
3,670
Multi-Family
25,897
Businesses
1,362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices