805 Washington Ave #6BBrooklynNY11238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 805 Washington Ave #6B, Brooklyn, NY, 11238 uses $67,839 cash to close to unlock $47,372/yr annual cash flow and $3,948/mo monthly cash flow. Total monthly income runs $5,848/mo, and a $1,002/mo payment keeps the spread at $3,948/mo. Purchase price stands at $204,642, and rental yield measures 34.29% with $5,848/mo rent. Return on cash invested shows 89.74% in year one, and 5% annual appreciation builds toward $56,539 over five years. Five-year ROI reaches 481.41% and total cumulative return in cash records $326,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,848/mo property income covering a $1,002/mo payment rather than investor’s personal income.
Apartment
Built in 2019
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices