428 E 9th St #513BrooklynNY11218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 428 E 9th St #513, Brooklyn, NY, 11218 listed at $970,000 pairs $4,074/mo rent with a $4,748/mo payment. Total monthly income runs $4,074/mo. Return on cash invested measures 11.02% in year one, and rental yield registers 5.04% at a $970,000 basis. Equity gained on principal adds $6,259/yr, and annual property appreciation at 5% supports $267,993 by year five. Five-year ROI tracks 55.8% and total cumulative return in cash totals $178,085. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,074/mo property income relative to a $4,748/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices