380 Monroe 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
Rental property for sale in Brooklyn at 380 Monroe St, Brooklyn, NY, 11221 offers $5,422/mo rent that, after a $9,397/mo payment. Total monthly income is $5,422/mo. Return on cash invested measures 6.1% in year one, and rental yield stands at 3.39% at a $1,920,000 entry. Equity gained on principal adds $12,389/yr while 5% annual appreciation compounds into $530,461 by year five. Five-year ROI records 29.33% and total cumulative return in cash reaches $182,442. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,422/mo property income versus a $9,397/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1915
1,925 sqft 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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Listed by: Albert Taye • RE/MAX Edge
Mls Name: BNYMLS
Mls Provider:
Mls ID: #492162
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.