766 Decatur St #2FBrooklynNY11233
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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 766 Decatur St #2F, Brooklyn, NY, 11233 offers a 6.78% rental yield on a $499,000 purchase with $2,818/mo rent. 18% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 83.52% and total cumulative return in cash at $138,150. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,818/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11233, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,966 (100%) |
| Owner Occupied HU | 5,665 (17.7%) |
| Renter Occupied HU | 23,881 (74.7%) |
| Vacant Housing Units | 2,420 ( 7.6%) |
| Median Home Value | $1,118,129 |
| Average Home Value | $1,165,978 |
Housing Distribution
Address Breakdown
Residential
26,085
Single Family
8,407
Multi-Family
17,678
Businesses
941
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