403 Avenue C APT 2CBrooklynNY11218
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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 403 Avenue C APT 2C, Brooklyn, NY, 11218 with 5% annual appreciation on a $549,000 basis while $5,282/mo rent supports operations. Total monthly income totals $5,282/mo and a $2,687/mo payment preserves $843/mo for cash returns. Annual cash flow comes to $10,115/yr on $180,621 deployed, and return on cash invested reaches 25.66% in year one. Equity gained on principal adds $3,543/yr, and five-year appreciation sums $151,679 alongside rental yield of 11.55%. Five-year ROI measures 136.15% and total cumulative return in cash totals $245,912.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,282/mo property income versus a $2,687/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1915
N/A lot
$N/A/sqft
$773 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11218, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,624 (100%) |
| Owner Occupied HU | 7,691 (27.8%) |
| Renter Occupied HU | 17,935 (64.9%) |
| Vacant Housing Units | 1,998 ( 7.2%) |
| Median Home Value | $1,054,643 |
| Average Home Value | $1,154,933 |
Housing Distribution
Address Breakdown
Residential
24,072
Single Family
6,875
Multi-Family
17,197
Businesses
1,595
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