39 Powers St APT 2ABrooklynNY11211
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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 39 Powers St APT 2A, Brooklyn, NY, 11211 priced at $1,400,000 pairs $5,355/mo rent with after a $6,852/mo payment. Total monthly income equals $5,355/mo. Return on cash invested is 9.8% in year one, and rental yield stands at 4.59% on a $1,400,000 basis. Equity gained on principal adds $9,034/yr, and 5% annual appreciation accumulates to $386,794 by year five. Five-year ROI measures 49.22% and total cumulative return in cash reaches $223,243. For financing, Ziffy Mortgage’s DSCR program evaluates $5,355/mo property income against a $6,852/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11211, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,586 (100%) |
| Owner Occupied HU | 3,831 (12.1%) |
| Renter Occupied HU | 25,292 (80.1%) |
| Vacant Housing Units | 2,463 ( 7.8%) |
| Median Home Value | $1,271,849 |
| Average Home Value | $1,337,404 |
Housing Distribution
Address Breakdown
Residential
29,196
Single Family
4,386
Multi-Family
24,810
Businesses
2,558
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