69 Martense St Unit 1BrooklynNY11226
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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 69 Martense St Unit 1, Brooklyn, NY, 11226 priced at $1,888,888 converts $8,894/mo rent into after a $9,245/mo obligation. Total monthly income equals $8,894/mo. Return on cash invested prints 13.08% in year one, and rental yield reads 5.65% against a $1,888,888 entry. Equity gained on principal adds $12,189/yr, while 5% annual appreciation compiles into $521,865 by year five. Five-year ROI reaches 66.76% and total cumulative return in cash sums $408,570. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,894/mo property income covering a $9,245/mo payment, not borrower’s personal income.
Multi Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11226, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 43,262 (100%) |
| Owner Occupied HU | 4,883 (11.3%) |
| Renter Occupied HU | 35,712 (82.5%) |
| Vacant Housing Units | 2,667 ( 6.2%) |
| Median Home Value | $890,722 |
| Average Home Value | $1,011,398 |
Housing Distribution
Address Breakdown
Residential
39,296
Single Family
5,001
Multi-Family
34,295
Businesses
1,788
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