360 Furman St APT 416BrooklynNY11201
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 360 Furman St APT 416, Brooklyn, NY, 11201 uses $62,432 cash to close to unlock $27,530/yr annual cash flow and $2,294/mo monthly cash flow. Total monthly income runs $5,140/mo, and a $922/mo payment keeps the spread at $2,294/mo. Purchase price stands at $188,333, and rental yield measures 32.75% with $5,140/mo rent. Return on cash invested shows 64% in year one, and 5% annual appreciation builds toward $52,033 over five years. Five-year ROI reaches 351.08% and total cumulative return in cash records $219,185. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,140/mo property income covering a $922/mo payment rather than investor’s personal income.
Condo
Built in 1928
N/A lot
$N/A/sqft
$1,015 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11201, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,878 (100%) |
| Owner Occupied HU | 10,690 (27.5%) |
| Renter Occupied HU | 23,599 (60.7%) |
| Vacant Housing Units | 4,589 (11.8%) |
| Median Home Value | $1,369,636 |
| Average Home Value | $1,410,575 |
Housing Distribution
Address Breakdown
Residential
37,887
Single Family
2,025
Multi-Family
35,862
Businesses
3,130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices