345 Montgomery St APT 2CBrooklynNY11225
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
Investment property for sale in Brooklyn at 345 Montgomery St APT 2C, Brooklyn, NY, 11225 listed at $450,000 pairs $2,629/mo rent with a $2,203/mo payment. Total monthly income runs $2,629/mo. Return on cash invested measures 16.88% in year one, and rental yield registers 7.01% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 87.25% and total cumulative return in cash totals $130,158. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,629/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1928
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11225, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,109 (100%) |
| Owner Occupied HU | 3,500 (13.4%) |
| Renter Occupied HU | 21,136 (81.0%) |
| Vacant Housing Units | 1,473 ( 5.6%) |
| Median Home Value | $1,350,614 |
| Average Home Value | $1,339,060 |
Housing Distribution
Address Breakdown
Residential
23,560
Single Family
3,575
Multi-Family
19,985
Businesses
1,117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices