70 Lenox Rd APT 1EBrooklynNY11226
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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 70 Lenox Rd APT 1E, Brooklyn, NY, 11226 offers $3,605/mo rent that, after a $3,671/mo payment. Total monthly income is $3,605/mo. Return on cash invested measures 13.23% in year one, and rental yield stands at 5.77% at a $750,000 entry. Equity gained on principal adds $4,840/yr while 5% annual appreciation compounds into $207,211 by year five. Five-year ROI records 67.67% and total cumulative return in cash reaches $166,974. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,605/mo property income versus a $3,671/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1935
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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