4022 8th Ave #5BBrooklynNY11232
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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 4022 8th Ave #5B, Brooklyn, NY, 11232 offers a 6.39% rental yield on a $598,000 purchase with $3,186/mo rent. 14% in year one. Equity gained on principal adds $3,859/yr while 5% annual appreciation supports $165,216 over five years. Portfolio math shows five-year ROI at 77.86% and total cumulative return in cash at $153,188. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,186/mo property income against a $2,927/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11232, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,287 (100%) |
| Owner Occupied HU | 2,037 (19.8%) |
| Renter Occupied HU | 7,496 (72.9%) |
| Vacant Housing Units | 754 ( 7.3%) |
| Median Home Value | $1,094,994 |
| Average Home Value | $1,080,814 |
Housing Distribution
Address Breakdown
Residential
7,688
Single Family
1,900
Multi-Family
5,788
Businesses
1,973
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