3626 Kings Hwy APT 4EBrooklynNY11234
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 3626 Kings Hwy APT 4E, Brooklyn, NY, 11234 uses $149,175 cash to close to unlock $14,322/yr annual cash flow and $1,194/mo monthly cash flow. Total monthly income runs $4,199/mo, and a $2,203/mo payment keeps the spread at $1,194/mo. Purchase price stands at $449,999, and rental yield measures 11.2% with $4,199/mo rent. Return on cash invested shows 29.51% in year one, and 5% annual appreciation builds toward $124,326 over five years. Five-year ROI reaches 154.98% and total cumulative return in cash records $231,185. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,199/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Condo
Built in 1939
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11234, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,763 (100%) |
| Owner Occupied HU | 18,894 (57.7%) |
| Renter Occupied HU | 11,707 (35.7%) |
| Vacant Housing Units | 2,162 ( 6.6%) |
| Median Home Value | $761,967 |
| Average Home Value | $819,145 |
Housing Distribution
Address Breakdown
Residential
26,624
Single Family
22,963
Multi-Family
3,661
Businesses
1,770
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices