576 Ridgewood AveBrooklynNY11208
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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 576 Ridgewood Ave, Brooklyn, NY, 11208 projects strong ROI of 9.82%. Rental yield 4.6%. With 5% annual appreciation, the property builds $629,922 in value over five years. Equity growth combined delivers a projected five-year ROI of 49.31%, translating into $364,228 in total cumulative return on $738,720 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Apartment
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11208, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,468 (100%) |
| Owner Occupied HU | 7,826 (22.7%) |
| Renter Occupied HU | 24,418 (70.8%) |
| Vacant Housing Units | 2,224 ( 6.5%) |
| Median Home Value | $663,355 |
| Average Home Value | $691,267 |
Housing Distribution
Address Breakdown
Residential
24,478
Single Family
12,077
Multi-Family
12,401
Businesses
1,456
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