342 Bond St #2BBrooklynNY11231
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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
Total monthly income runs $6,809/mo, and a $7,772/mo payment. Purchase price stands at $1,588,000, and rental yield measures 5.15% with $6,809/mo rent. Return on cash invested shows 10.58% in year one, and 5% annual appreciation builds toward $438,735 over five years. Five-year ROI reaches 53.7% and total cumulative return in cash records $276,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,809/mo property income covering a $7,772/mo payment rather than investor’s personal income.
Condo
Built in 2009
N/A lot
$N/A/sqft
$404 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11231, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,446 (100%) |
| Owner Occupied HU | 4,101 (23.5%) |
| Renter Occupied HU | 12,031 (69.0%) |
| Vacant Housing Units | 1,314 ( 7.5%) |
| Median Home Value | $1,765,973 |
| Average Home Value | $1,624,888 |
Housing Distribution
Address Breakdown
Residential
15,312
Single Family
3,858
Multi-Family
11,454
Businesses
1,468
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