41 Eastern Pkwy APT 11EBrooklynNY11238
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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 41 Eastern Pkwy APT 11E, Brooklyn, NY, 11238 priced at $1,650,000 pairs $10,103/mo rent with after a $8,076/mo payment. Total monthly income equals $10,103/mo. Return on cash invested is 12.81% in year one, and rental yield stands at 7.35% on a $1,650,000 basis. Equity gained on principal adds $10,647/yr, and 5% annual appreciation accumulates to $455,865 by year five. Five-year ROI measures 67.33% and total cumulative return in cash reaches $359,957. For financing, Ziffy Mortgage’s DSCR program evaluates $10,103/mo property income against a $8,076/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1926
N/A lot
$N/A/sqft
$2,452 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,474 (100%) |
| Owner Occupied HU | 6,812 (23.1%) |
| Renter Occupied HU | 20,449 (69.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,403,531 |
| Average Home Value | $1,446,411 |
Housing Distribution
Address Breakdown
Residential
29,567
Single Family
3,670
Multi-Family
25,897
Businesses
1,362
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