703 Pine StBrooklynNY11208
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 703 Pine St, Brooklyn, NY, 11208 in Brooklyn. Priced at $650,000, it generates $8,006/mo in gross rent and $3,666/mo in net monthly cash flow, a 14.78% yield that comfortably supports the 2.74 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $43,990. Five-year appreciation: $179,583. Equity from principal paydown: $5,987/yr. Total projected cumulative return: $483,695.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.8% | 4.2% |
| Monthly Cash Flow | $3,666 | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,006 |
| Total Monthly Debt Service | $4,082 |
| DSCR Ratio | 1.96x |
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.
Multi Family
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11208, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,468 (100%) |
| Owner Occupied HU | 7,826 (22.7%) |
| Renter Occupied HU | 24,418 (70.8%) |
| Vacant Housing Units | 2,224 ( 6.5%) |
| Median Home Value | $663,355 |
| Average Home Value | $691,267 |
Housing Distribution
Address Breakdown
Residential
24,478
Single Family
12,077
Multi-Family
12,401
Businesses
1,456
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
Multi Family
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11208, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,468 (100%) |
| Owner Occupied HU | 7,826 (22.7%) |
| Renter Occupied HU | 24,418 (70.8%) |
| Vacant Housing Units | 2,224 ( 6.5%) |
| Median Home Value | $663,355 |
| Average Home Value | $691,267 |
Housing Distribution
Address Breakdown
Residential
24,478
Single Family
12,077
Multi-Family
12,401
Businesses
1,456
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices