35 Oliver St UNIT 1DBrooklynNY11209
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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
Rental property for sale in Brooklyn at 35 Oliver St UNIT 1D, Brooklyn, NY, 11209 priced at $228,000 converts $1,621/mo rent into $98/mo cash flow after a $1,116/mo obligation. Total monthly income equals $1,621/mo, and annual cash flow totals $1,181/yr on $75,582 invested. Return on cash invested prints 21.47% in year one, and rental yield reads 8.53% against a $228,000 entry. Equity gained on principal adds $1,471/yr, while 5% annual appreciation compiles into $62,992 by year five. Five-year ROI reaches 111.89% and total cumulative return in cash sums $84,567. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,621/mo property income covering a $1,116/mo payment, not borrower’s personal income.
Condo
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11209, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,347 (100%) |
| Owner Occupied HU | 10,175 (30.5%) |
| Renter Occupied HU | 21,237 (63.7%) |
| Vacant Housing Units | 1,935 ( 5.8%) |
| Median Home Value | $1,072,126 |
| Average Home Value | $1,081,829 |
Housing Distribution
Address Breakdown
Residential
29,004
Single Family
8,429
Multi-Family
20,575
Businesses
1,980
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