768 Belmont AveBrooklynNY11208
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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 768 Belmont Ave, Brooklyn, NY, 11208 priced at $450,000 pairs $4,494/mo rent with $1,489/mo cash flow after a $2,203/mo payment. Total monthly income equals $4,494/mo, and annual cash flow comes to $17,862/yr on $149,175 invested. Return on cash invested is 31.88% in year one, and rental yield stands at 11.98% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 167.7% and total cumulative return in cash reaches $250,170. For financing, Ziffy Mortgage’s DSCR program evaluates $4,494/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Apartment
Built in 1980
1,932 sqft 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
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