7824 3rd AveBrooklynNY11209
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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 7824 3rd Ave, Brooklyn, NY, 11209 earns from $7,182/mo rent with a $9,691/mo payment. Total monthly income totals $7,182/mo. ROI tracks 9.07% on current figures, and rental yield reads 4.35% at a $1,980,000 purchase. Equity gained on principal adds $12,777/yr, and 5% annual appreciation supports $547,037 over five years. Five-year ROI reaches 45.28% and total cumulative return in cash sums $290,488. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,182/mo property income instead of your personal income.
Single Family
Built in 1928
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11209, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,347 (100%) |
| Owner Occupied HU | 10,175 (30.5%) |
| Renter Occupied HU | 21,237 (63.7%) |
| Vacant Housing Units | 1,935 ( 5.8%) |
| Median Home Value | $1,072,126 |
| Average Home Value | $1,081,829 |
Housing Distribution
Address Breakdown
Residential
29,004
Single Family
8,429
Multi-Family
20,575
Businesses
1,980
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