369 Mayfair Dr SBrooklynNY11234
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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 369 Mayfair Dr S, Brooklyn, NY, 11234 priced at $1,679,000 converts $6,359/mo rent into after a $8,218/mo obligation. Total monthly income equals $6,359/mo. Return on cash invested prints 9.66% in year one, and rental yield reads 4.54% against a $1,679,000 entry. Equity gained on principal adds $10,834/yr, while 5% annual appreciation compiles into $463,877 by year five. Five-year ROI reaches 48.46% and total cumulative return in cash sums $263,618. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,359/mo property income covering a $8,218/mo payment, not borrower’s personal income.
Single Family
Built in 1960
5,000 sqft 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
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