41 Prospect Park SW APT 2BBrooklynNY11215
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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 41 Prospect Park SW APT 2B, Brooklyn, NY, 11215 uses $279,650 cash to close to unlock $5,798/yr annual cash flow and $483/mo monthly cash flow. Total monthly income runs $7,159/mo, and a $4,160/mo payment keeps the spread at $483/mo. Purchase price stands at $850,000, and rental yield measures 10.11% with $7,159/mo rent. Return on cash invested shows 22.13% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 116.95% and total cumulative return in cash records $327,046. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,159/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
$1,000 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11215, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,113 (100%) |
| Owner Occupied HU | 10,260 (33.0%) |
| Renter Occupied HU | 18,447 (59.3%) |
| Vacant Housing Units | 2,406 ( 7.7%) |
| Median Home Value | $1,666,185 |
| Average Home Value | $1,587,839 |
Housing Distribution
Address Breakdown
Residential
27,619
Single Family
7,344
Multi-Family
20,275
Businesses
2,297
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