904 Pacific St APT 403BrooklynNY11238
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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 904 Pacific St APT 403, Brooklyn, NY, 11238 uses $372,600 cash to close to unlock $16,058/yr annual cash flow and $1,338/mo monthly cash flow. Total monthly income runs $9,886/mo, and a $5,629/mo payment keeps the spread at $1,338/mo. Purchase price stands at $1,150,000, and rental yield measures 10.32% with $9,886/mo rent. Return on cash invested shows 24.68% in year one, and 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 130% and total cumulative return in cash records $484,389. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $9,886/mo property income covering a $5,629/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$868 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,474 (100%) |
| Owner Occupied HU | 6,812 (23.1%) |
| Renter Occupied HU | 20,449 (69.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,403,531 |
| Average Home Value | $1,446,411 |
Housing Distribution
Address Breakdown
Residential
29,567
Single Family
3,670
Multi-Family
25,897
Businesses
1,362
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