38 Grove StBrooklynNY11221
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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
Investment property for sale in Brooklyn at 38 Grove St, Brooklyn, NY, 11221 at $1,750,000 posts ROI 5.21% with from $4,522/mo rent. Total monthly income equals $4,522/mo. Return on cash invested measures 5.21% and rental yield reads 3.1% at the current $1,750,000. Equity gained on principal adds $11,292/yr, and 5% annual appreciation supports $483,493 by year five. Five-year ROI prints 24.57% and total cumulative return in cash totals $139,317. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,522/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11221, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,771 (100%) |
| Owner Occupied HU | 6,151 (15.9%) |
| Renter Occupied HU | 29,138 (75.2%) |
| Vacant Housing Units | 3,482 ( 9.0%) |
| Median Home Value | $1,248,648 |
| Average Home Value | $1,267,842 |
Housing Distribution
Address Breakdown
Residential
31,571
Single Family
10,153
Multi-Family
21,418
Businesses
1,223
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