850 Saint Marks Ave APT 2GBrooklynNY11213
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 850 Saint Marks Ave APT 2G, Brooklyn, NY, 11213 offers a 8.42% rental yield on a $365,000 purchase with $2,561/mo rent. Total monthly income registers $2,561/mo, and a $1,786/mo payment leaves $124/mo available for distribution. Annual cash flow reaches $1,489/yr on $120,998 to close, and return on cash invested stands at 21.14% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 110.11% and total cumulative return in cash at $133,231. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,561/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1926
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11213, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,523 (100%) |
| Owner Occupied HU | 4,048 (14.7%) |
| Renter Occupied HU | 21,356 (77.6%) |
| Vacant Housing Units | 2,119 ( 7.7%) |
| Median Home Value | $1,187,974 |
| Average Home Value | $1,262,164 |
Housing Distribution
Address Breakdown
Residential
23,699
Single Family
4,859
Multi-Family
18,840
Businesses
1,169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices