6314 23rd Ave, Brooklyn, NY, 11204 | Equity Gain $10,892/yr

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,018/mo, and a $8,262/mo payment. Purchase price stands at $1,688,000, and rental yield measures 1.43% with $2,018/mo rent. Return on cash invested shows 0.06% in year one, and 5% annual appreciation builds toward $466,363 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,018/mo property income covering a $8,262/mo payment rather than investor’s personal income.

Multi Family

Built in 1925

4,000 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 11204, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	27,306 (100%)
Owner Occupied HU	8,047 (29.5%)
Renter Occupied HU	17,747 (65.0%)
Vacant Housing Units	1,512 ( 5.5%)
Median Home Value	$1,179,764
Average Home Value	$1,219,030