440 New Lots AveBrooklynNY11207
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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 440 New Lots Ave, Brooklyn, NY, 11207 with 5% annual appreciation on a $1,698,000 basis while $4,883/mo rent supports operations. 29% in year one. Equity gained on principal adds $10,957/yr, and five-year appreciation sums $469,126 alongside rental yield of 3.45%. Five-year ROI measures 30.35% and total cumulative return in cash totals $166,983. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,883/mo property income versus a $8,311/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1899
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11207, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,348 (100%) |
| Owner Occupied HU | 8,527 (21.7%) |
| Renter Occupied HU | 27,657 (70.3%) |
| Vacant Housing Units | 3,164 ( 8.0%) |
| Median Home Value | $703,912 |
| Average Home Value | $757,763 |
Housing Distribution
Address Breakdown
Residential
29,941
Single Family
11,110
Multi-Family
18,831
Businesses
1,787
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