5318 Fillmore Ave #9DBrooklynNY11234
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 5318 Fillmore Ave #9D, Brooklyn, NY, 11234 in Brooklyn achieves a 1.58 ratio at $270,000: $1,922/mo rent versus $1,214/mo debt service. Rental yield 8.54%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.54% yield compounds alongside 5% annual appreciation projecting $74,596 in value. Total projected cumulative return: $54,425.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 4.2% |
| Monthly Cash Flow | $(818) | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,922 |
| Total Monthly Debt Service | $2,633 |
| DSCR Ratio | 0.73x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in N/A
N/A lot
$N/A/sqft
$937 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11234, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,763 (100%) |
| Owner Occupied HU | 18,894 (57.7%) |
| Renter Occupied HU | 11,707 (35.7%) |
| Vacant Housing Units | 2,162 ( 6.6%) |
| Median Home Value | $761,967 |
| Average Home Value | $819,145 |
Housing Distribution
Address Breakdown
Residential
26,624
Single Family
22,963
Multi-Family
3,661
Businesses
1,770
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
Condo
Built in N/A
N/A lot
$N/A/sqft
$937 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11234, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,763 (100%) |
| Owner Occupied HU | 18,894 (57.7%) |
| Renter Occupied HU | 11,707 (35.7%) |
| Vacant Housing Units | 2,162 ( 6.6%) |
| Median Home Value | $761,967 |
| Average Home Value | $819,145 |
Housing Distribution
Address Breakdown
Residential
26,624
Single Family
22,963
Multi-Family
3,661
Businesses
1,770
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Calabrese • Bright Horizons Realty
Mls Name: BNYMLS
Mls Provider:
Mls ID: #488775
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.