550 Vanderbilt Ave #428BrooklynNY11238
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
Total monthly income runs $5,744/mo, and a $8,786/mo payment. Purchase price stands at $1,795,000, and rental yield measures 3.84% with $5,744/mo rent. Return on cash invested shows 4.2% in year one, and 5% annual appreciation builds toward $495,925 over five years. Five-year ROI reaches 20.33% and total cumulative return in cash records $118,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,744/mo property income covering a $8,786/mo payment rather than investor’s personal income.
Condo
Built in 2017
N/A lot
$N/A/sqft
$1,595 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,474 (100%) |
| Owner Occupied HU | 6,812 (23.1%) |
| Renter Occupied HU | 20,449 (69.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,403,531 |
| Average Home Value | $1,446,411 |
Housing Distribution
Address Breakdown
Residential
29,567
Single Family
3,670
Multi-Family
25,897
Businesses
1,362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices