745 E 31st St APT 4CBrooklynNY11210
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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
Investment property for sale in Brooklyn at 745 E 31st St APT 4C, Brooklyn, NY, 11210 uses $82,875 cash to close to unlock $1,034/yr annual cash flow and $86/mo monthly cash flow. Total monthly income runs $1,756/mo, and a $1,224/mo payment keeps the spread at $86/mo. Purchase price stands at $250,000, and rental yield measures 8.43% with $1,756/mo rent. Return on cash invested shows 21.16% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 110.22% and total cumulative return in cash records $91,342. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,756/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11210, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,039 (100%) |
| Owner Occupied HU | 8,974 (34.5%) |
| Renter Occupied HU | 15,478 (59.4%) |
| Vacant Housing Units | 1,587 ( 6.1%) |
| Median Home Value | $859,832 |
| Average Home Value | $946,487 |
Housing Distribution
Address Breakdown
Residential
20,180
Single Family
11,148
Multi-Family
9,032
Businesses
1,154
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