3400 Snyder Ave APT 6ABrooklynNY11203
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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 3400 Snyder Ave APT 6A, Brooklyn, NY, 11203 uses $92,489 cash to close to unlock $8,369/yr annual cash flow and $697/mo monthly cash flow. Total monthly income runs $2,561/mo, and a $1,366/mo payment keeps the spread at $697/mo. Purchase price stands at $279,000, and rental yield measures 11.02% with $2,561/mo rent. Return on cash invested shows 28.96% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 152.03% and total cumulative return in cash records $140,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,561/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Condo
Built in 1956
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11203, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,458 (100%) |
| Owner Occupied HU | 10,125 (33.2%) |
| Renter Occupied HU | 18,555 (60.9%) |
| Vacant Housing Units | 1,778 ( 5.8%) |
| Median Home Value | $671,755 |
| Average Home Value | $719,379 |
Housing Distribution
Address Breakdown
Residential
22,794
Single Family
10,334
Multi-Family
12,460
Businesses
1,490
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