366 Harman St #3FBrooklynNY11237
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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 366 Harman St #3F, Brooklyn, NY, 11237 generates $3,599/mo in rent, after a $3,294/mo payment. Total monthly income is $3,599/mo. Return on cash invested sits at 15.21% in year one, and rental yield is 6.42% on a $673,000 entry. Equity gained on principal adds $4,343/yr, while 5% annual appreciation builds toward $185,937 over five years. Five-year ROI reaches 78.24% and total cumulative return in cash sums $173,243. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,599/mo property income rather than buyer’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11237, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,694 (100%) |
| Owner Occupied HU | 1,484 ( 7.9%) |
| Renter Occupied HU | 16,088 (86.1%) |
| Vacant Housing Units | 1,122 ( 6.0%) |
| Median Home Value | $1,120,000 |
| Average Home Value | $1,169,593 |
Housing Distribution
Address Breakdown
Residential
16,389
Single Family
2,877
Multi-Family
13,512
Businesses
1,708
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