88 Lott St #1BrooklynNY11226
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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 88 Lott St #1, Brooklyn, NY, 11226 at $839,900 posts ROI 23.3% with $746/mo cash flow from $6,355/mo rent. Total monthly income equals $6,355/mo, and annual cash flow records $8,954/yr on $276,327 to close. Return on cash invested measures 23.3% and rental yield reads 9.08% at the current $839,900. Equity gained on principal adds $5,420/yr, and 5% annual appreciation supports $232,049 by year five. Five-year ROI prints 121.65% and total cumulative return in cash totals $336,163.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,355/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11226, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 43,262 (100%) |
| Owner Occupied HU | 4,883 (11.3%) |
| Renter Occupied HU | 35,712 (82.5%) |
| Vacant Housing Units | 2,667 ( 6.2%) |
| Median Home Value | $890,722 |
| Average Home Value | $1,011,398 |
Housing Distribution
Address Breakdown
Residential
39,296
Single Family
5,001
Multi-Family
34,295
Businesses
1,788
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