8818 Avenue ABrooklynNY11236
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
Rental property for sale in Brooklyn at 8818 Avenue A, Brooklyn, NY, 11236 generates $4,620/mo in rent and, after a $3,225/mo payment, leaves $220/mo in cash flow. Total monthly income is $4,620/mo, and annual cash flow is $2,640/yr on $216,774 invested. Return on cash invested sits at 21.28% in year one, and rental yield is 8.41% on a $658,888 entry. Equity gained on principal adds $4,252/yr, while 5% annual appreciation builds toward $182,039 over five years. Five-year ROI reaches 110.79% and total cumulative return in cash sums $240,164. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,620/mo property income rather than buyer’s personal income.
Multi Family
Built in 1940
2,205 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices