429 Kent Ave #901BrooklynNY11249
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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 429 Kent Ave #901, Brooklyn, NY, 11249 earns from $7,824/mo rent with a $9,520/mo payment. Total monthly income totals $7,824/mo. ROI tracks 8.11% on current figures, and rental yield reads 4.83% at a $1,945,000 purchase. Equity gained on principal adds $12,551/yr, and 5% annual appreciation supports $537,368 over five years. Five-year ROI reaches 41% and total cumulative return in cash sums $258,343. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,824/mo property income instead of your personal income.
Condo
Built in 2015
N/A lot
$N/A/sqft
$1,275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11249, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,590 (100%) |
| Owner Occupied HU | 2,614 (13.3%) |
| Renter Occupied HU | 15,015 (76.6%) |
| Vacant Housing Units | 1,961 (10.0%) |
| Median Home Value | $1,414,969 |
| Average Home Value | $1,413,021 |
Housing Distribution
Address Breakdown
Residential
18,160
Single Family
1,898
Multi-Family
16,262
Businesses
889
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