8614 Avenue L APT 404BrooklynNY11236
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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 8614 Avenue L APT 404, Brooklyn, NY, 11236 uses $121,085 cash to close to unlock $16,663/yr annual cash flow and $1,389/mo monthly cash flow. Total monthly income runs $3,828/mo, and a $1,788/mo payment keeps the spread at $1,389/mo. Purchase price stands at $365,265, and rental yield measures 12.58% with $3,828/mo rent. Return on cash invested shows 33.67% in year one, and 5% annual appreciation builds toward $100,916 over five years. Five-year ROI reaches 177.29% and total cumulative return in cash records $214,674. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,828/mo property income covering a $1,788/mo payment rather than investor’s personal income.
Condo
Built in N/A
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11236, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,656 (100%) |
| Owner Occupied HU | 14,596 (42.1%) |
| Renter Occupied HU | 18,459 (53.3%) |
| Vacant Housing Units | 1,601 ( 4.6%) |
| Median Home Value | $714,028 |
| Average Home Value | $730,006 |
Housing Distribution
Address Breakdown
Residential
24,470
Single Family
18,597
Multi-Family
5,873
Businesses
1,452
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