774 New Jersey 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 774 New Jersey Ave, Brooklyn, NY, 11207 offers $4,440/mo rent that, after a $1,790/mo payment, leaves $1,998/mo cash flow. Total monthly income is $4,440/mo, and annual cash flow is $23,974/yr on $121,230 cash. Return on cash invested measures 39.68% in year one, and rental yield stands at 14.57% at a $365,700 entry. Equity gained on principal adds $2,360/yr while 5% annual appreciation compounds into $101,036 by year five. Five-year ROI records 209.52% and total cumulative return in cash reaches $254,003. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,440/mo property income versus a $1,790/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1925
1,742 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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