8884 16th AveBrooklynNY11214
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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
Total monthly income runs $3,660/mo, and a $5,629/mo payment. Purchase price stands at $1,150,000, and rental yield measures 3.82% with $3,660/mo rent. Return on cash invested shows 7.42% in year one, and 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 36.46% and total cumulative return in cash records $135,837. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,660/mo property income covering a $5,629/mo payment rather than investor’s personal income.
Single Family
Built in 1950
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11214, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,434 (100%) |
| Owner Occupied HU | 10,119 (28.6%) |
| Renter Occupied HU | 23,064 (65.1%) |
| Vacant Housing Units | 2,251 ( 6.4%) |
| Median Home Value | $988,547 |
| Average Home Value | $1,082,264 |
Housing Distribution
Address Breakdown
Residential
28,784
Single Family
11,176
Multi-Family
17,608
Businesses
1,701
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Listed by: Vincent Geraldi • Coldwell Banker Advantage
Mls Name: SIBOR
Mls Provider:
Mls ID: #2503137
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