675 Vanderbilt Ave APT 3CBrooklynNY11238
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow675 Vanderbilt Ave APT 3C, Brooklyn, NY, 11238 in Brooklyn is a top-tier cash-flow asset. At $595,000 it produces $11,298/mo in rent and $6,395/mo in net monthly income, a 22.79% gross rental yield. The DSCR of 4.22 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $76,736. Five-year appreciation adds $164,388, driving a total cumulative return of $642,442.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 22.8% | 4.2% |
| Monthly Cash Flow | $6,395 | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $11,298 |
| Total Monthly Debt Service | $4,667 |
| DSCR Ratio | 2.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1895
N/A lot
$N/A/sqft
$930 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,474 (100%) |
| Owner Occupied HU | 6,812 (23.1%) |
| Renter Occupied HU | 20,449 (69.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,403,531 |
| Average Home Value | $1,446,411 |
Housing Distribution
Address Breakdown
Residential
29,567
Single Family
3,670
Multi-Family
25,897
Businesses
1,362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1895
N/A lot
$N/A/sqft
$930 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,474 (100%) |
| Owner Occupied HU | 6,812 (23.1%) |
| Renter Occupied HU | 20,449 (69.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,403,531 |
| Average Home Value | $1,446,411 |
Housing Distribution
Address Breakdown
Residential
29,567
Single Family
3,670
Multi-Family
25,897
Businesses
1,362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices