495 Rutland Rd #3BrooklynNY11203
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 495 Rutland Rd #3, Brooklyn, NY, 11203 offers a 10.66% rental yield on a $700,000 purchase with $6,221/mo rent. Total monthly income registers $6,221/mo, and a $3,426/mo payment leaves $992/mo available for distribution. Annual cash flow reaches $11,900/yr on $230,300 to close, and return on cash invested stands at 25.23% in year one. Equity gained on principal adds $4,517/yr while 5% annual appreciation supports $193,397 over five years. Portfolio math shows five-year ROI at 133.02% and total cumulative return in cash at $306,352. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,221/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2014
N/A lot
$N/A/sqft
$555 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11203, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,458 (100%) |
| Owner Occupied HU | 10,125 (33.2%) |
| Renter Occupied HU | 18,555 (60.9%) |
| Vacant Housing Units | 1,778 ( 5.8%) |
| Median Home Value | $671,755 |
| Average Home Value | $719,379 |
Housing Distribution
Address Breakdown
Residential
22,794
Single Family
10,334
Multi-Family
12,460
Businesses
1,490
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices