3400 Snyder Ave APT 6NBrooklynNY11203
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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 6N, Brooklyn, NY, 11203 listed at $285,000 pairs $1,990/mo rent with a $1,395/mo payment to leave $87/mo cash flow. Total monthly income runs $1,990/mo, and annual cash flow reaches $1,041/yr on $94,478 cash to close. Return on cash invested measures 21.01% in year one, and rental yield registers 8.38% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 109.4% and total cumulative return in cash totals $103,362. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,990/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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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