3500 Snyder Ave APT 4CBrooklynNY11203
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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 3500 Snyder Ave APT 4C, Brooklyn, NY, 11203 offers $6,947/mo rent that, after a $1,659/mo payment, leaves $3,606/mo cash flow. Total monthly income is $6,947/mo, and annual cash flow is $43,277/yr on $112,379 cash. Return on cash invested measures 58.42% in year one, and rental yield stands at 24.59% at a $339,000 entry. Equity gained on principal adds $2,188/yr while 5% annual appreciation compounds into $93,659 by year five. Five-year ROI records 314.18% and total cumulative return in cash reaches $353,068. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,947/mo property income versus a $1,659/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1957
N/A lot
$N/A/sqft
$1,077 monthly 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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