854 Bay Ridge AveBrooklynNY11220
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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 854 Bay Ridge Ave, Brooklyn, NY, 11220 priced at $600,000 converts $5,292/mo rent into $1,285/mo cash flow after a $2,937/mo obligation. Total monthly income equals $5,292/mo, and annual cash flow totals $15,420/yr on $197,400 invested. Return on cash invested prints 27.87% in year one, and rental yield reads 10.58% against a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 146.15% and total cumulative return in cash sums $288,492. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,292/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11220, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,465 (100%) |
| Owner Occupied HU | 6,364 (19.6%) |
| Renter Occupied HU | 24,149 (74.4%) |
| Vacant Housing Units | 1,952 ( 6.0%) |
| Median Home Value | $1,106,071 |
| Average Home Value | $1,109,570 |
Housing Distribution
Address Breakdown
Residential
22,134
Single Family
7,854
Multi-Family
14,280
Businesses
2,771
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