8901 Shore Rd APT 7BrooklynNY11209
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
Investment property for sale in Brooklyn at 8901 Shore Rd APT 7, Brooklyn, NY, 11209 earns from $2,520/mo rent with a $1,831/mo payment. Total monthly income totals $2,520/mo. ROI tracks 9.21% on current figures, and rental yield reads 8.09% at a $374,000 purchase. Equity gained on principal adds $2,413/yr, and 5% annual appreciation supports $103,329 over five years. Five-year ROI reaches 50.12% and total cumulative return in cash sums $62,137. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,520/mo property income instead of your personal income.
Condo
Built in 1962
N/A lot
$N/A/sqft
$1,127 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11209, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,347 (100%) |
| Owner Occupied HU | 10,175 (30.5%) |
| Renter Occupied HU | 21,237 (63.7%) |
| Vacant Housing Units | 1,935 ( 5.8%) |
| Median Home Value | $1,072,126 |
| Average Home Value | $1,081,829 |
Housing Distribution
Address Breakdown
Residential
29,004
Single Family
8,429
Multi-Family
20,575
Businesses
1,980
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices