350 Grant AveBrooklynNY11208
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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 $3,936/mo, and a $5,536/mo payment. Purchase price stands at $1,131,000, and rental yield measures 4.18% with $3,936/mo rent. Return on cash invested shows 8.53% in year one, and 5% annual appreciation builds toward $312,474 over five years. Five-year ROI reaches 42.37% and total cumulative return in cash records $155,252. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,936/mo property income covering a $5,536/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
2,260 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11208, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,468 (100%) |
| Owner Occupied HU | 7,826 (22.7%) |
| Renter Occupied HU | 24,418 (70.8%) |
| Vacant Housing Units | 2,224 ( 6.5%) |
| Median Home Value | $663,355 |
| Average Home Value | $691,267 |
Housing Distribution
Address Breakdown
Residential
24,478
Single Family
12,077
Multi-Family
12,401
Businesses
1,456
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