648 Grand St APT 4FBrooklynNY11211
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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 648 Grand St APT 4F, Brooklyn, NY, 11211 listed at $400,000 pairs $2,447/mo rent with a $1,958/mo payment. Total monthly income runs $2,447/mo. Return on cash invested measures 17.88% in year one, and rental yield registers 7.34% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 92.6% and total cumulative return in cash totals $122,788. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,447/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11211, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,586 (100%) |
| Owner Occupied HU | 3,831 (12.1%) |
| Renter Occupied HU | 25,292 (80.1%) |
| Vacant Housing Units | 2,463 ( 7.8%) |
| Median Home Value | $1,271,849 |
| Average Home Value | $1,337,404 |
Housing Distribution
Address Breakdown
Residential
29,196
Single Family
4,386
Multi-Family
24,810
Businesses
2,558
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