650 Jefferson AveBrooklynNY11221
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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
Rental property for sale in Brooklyn at 650 Jefferson Ave, Brooklyn, NY, 11221 priced at $1,950,000 converts $4,272/mo rent into after a $9,544/mo obligation. Total monthly income equals $4,272/mo. Return on cash invested prints 3.75% in year one, and rental yield reads 2.63% against a $1,950,000 entry. Equity gained on principal adds $12,583/yr, while 5% annual appreciation compiles into $538,749 by year five. Five-year ROI reaches 16.75% and total cumulative return in cash sums $105,857. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,272/mo property income covering a $9,544/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
1,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11221, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,771 (100%) |
| Owner Occupied HU | 6,151 (15.9%) |
| Renter Occupied HU | 29,138 (75.2%) |
| Vacant Housing Units | 3,482 ( 9.0%) |
| Median Home Value | $1,248,648 |
| Average Home Value | $1,267,842 |
Housing Distribution
Address Breakdown
Residential
31,571
Single Family
10,153
Multi-Family
21,418
Businesses
1,223
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Listed by: Trevor DeBlase • Douglas Elliman Real Estate
Mls Name: BNYMLS
Mls Provider:
Mls ID: #490787
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.