650 88th StBrooklynNY11228
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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 650 88th St, Brooklyn, NY, 11228 listed at $955,000 pairs $3,286/mo rent with a $4,674/mo payment. Total monthly income runs $3,286/mo. Return on cash invested measures 8.25% in year one, and rental yield registers 4.13% at a $955,000 basis. Equity gained on principal adds $6,162/yr, and annual property appreciation at 5% supports $263,849 by year five. Five-year ROI tracks 40.95% and total cumulative return in cash totals $128,663. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,286/mo property income relative to a $4,674/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11228, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,725 (100%) |
| Owner Occupied HU | 7,861 (44.3%) |
| Renter Occupied HU | 8,618 (48.6%) |
| Vacant Housing Units | 1,246 ( 7.0%) |
| Median Home Value | $1,193,293 |
| Average Home Value | $1,223,802 |
Housing Distribution
Address Breakdown
Residential
11,260
Single Family
8,796
Multi-Family
2,464
Businesses
745
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