77 Eastern Pkwy APT 1FBrooklynNY11238
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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 77 Eastern Pkwy APT 1F, Brooklyn, NY, 11238 priced at $550,000 pairs $9,744/mo rent with $5,296/mo cash flow after a $2,692/mo payment. Total monthly income equals $9,744/mo, and annual cash flow comes to $63,554/yr on $180,950 invested. Return on cash invested is 55.18% in year one, and rental yield stands at 21.26% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 294.48% and total cumulative return in cash reaches $532,870. For financing, Ziffy Mortgage’s DSCR program evaluates $9,744/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1921
N/A lot
$N/A/sqft
$775 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,474 (100%) |
| Owner Occupied HU | 6,812 (23.1%) |
| Renter Occupied HU | 20,449 (69.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,403,531 |
| Average Home Value | $1,446,411 |
Housing Distribution
Address Breakdown
Residential
29,567
Single Family
3,670
Multi-Family
25,897
Businesses
1,362
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