693 Bushwick Ave #2BrooklynNY11221
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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
Total monthly income runs $5,089/mo, and a $7,337/mo payment. Purchase price stands at $1,499,000, and rental yield measures 4.07% with $5,089/mo rent. Return on cash invested shows 8.21% in year one, and 5% annual appreciation builds toward $414,146 over five years. Five-year ROI reaches 40.66% and total cumulative return in cash records $197,493. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,089/mo property income covering a $7,337/mo payment rather than investor’s personal income.
Multi Family
Built in 1910
N/A 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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