712 Snediker AveBrooklynNY11207
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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 712 Snediker Ave, Brooklyn, NY, 11207 priced at $975,000 converts $10,454/mo rent into $3,943/mo cash flow after a $4,772/mo obligation. Total monthly income equals $10,454/mo, and annual cash flow totals $47,319/yr on $320,775 invested. Return on cash invested prints 34.81% in year one, and rental yield reads 12.87% against a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation compiles into $269,375 by year five. Five-year ROI reaches 183.38% and total cumulative return in cash sums $588,231. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $10,454/mo property income covering a $4,772/mo payment, not borrower’s personal income.
Multi Family
Built in 2008
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11207, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,348 (100%) |
| Owner Occupied HU | 8,527 (21.7%) |
| Renter Occupied HU | 27,657 (70.3%) |
| Vacant Housing Units | 3,164 ( 8.0%) |
| Median Home Value | $703,912 |
| Average Home Value | $757,763 |
Housing Distribution
Address Breakdown
Residential
29,941
Single Family
11,110
Multi-Family
18,831
Businesses
1,787
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Listed by: David Hanniford • Century 21 Achievers
Mls Name: BNYMLS
Mls Provider:
Mls ID: #485685
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.