388 Bridge St #PH48DBrooklynNY11201
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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 388 Bridge St #PH48D, Brooklyn, NY, 11201 listed at $1,895,000 pairs $5,875/mo rent with a $9,275/mo payment. Total monthly income runs $5,875/mo. Return on cash invested measures 7.12% in year one, and rental yield registers 3.72% at a $1,895,000 basis. Equity gained on principal adds $12,228/yr, and annual property appreciation at 5% supports $523,554 by year five. Five-year ROI tracks 34.82% and total cumulative return in cash totals $213,773. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,875/mo property income relative to a $9,275/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11201, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,878 (100%) |
| Owner Occupied HU | 10,690 (27.5%) |
| Renter Occupied HU | 23,599 (60.7%) |
| Vacant Housing Units | 4,589 (11.8%) |
| Median Home Value | $1,369,636 |
| Average Home Value | $1,410,575 |
Housing Distribution
Address Breakdown
Residential
37,887
Single Family
2,025
Multi-Family
35,862
Businesses
3,130
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