69 Martense StreetBrooklynNY11226
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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 Street, Brooklyn, NY, 11226 generates $9,681/mo in rent, after a $9,245/mo payment. Total monthly income is $9,681/mo. Return on cash invested sits at 14.62% in year one, and rental yield is 6.15% on a $1,888,888 entry. Equity gained on principal adds $12,189/yr, while 5% annual appreciation builds toward $521,865 over five years. Five-year ROI reaches 75.04% and total cumulative return in cash sums $459,222. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,681/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
4,176 sqft 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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