92 Fountain AveBrooklynNY11208
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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
Rental property for sale in Brooklyn at 92 Fountain Ave, Brooklyn, NY, 11208 priced at $999,000 converts $7,394/mo rent into $722/mo cash flow after a $4,890/mo obligation. Total monthly income equals $7,394/mo, and annual cash flow totals $8,669/yr on $328,671 invested. Return on cash invested prints 22.7% in year one, and rental yield reads 8.88% against a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation compiles into $276,005 by year five. Five-year ROI reaches 118.42% and total cumulative return in cash sums $389,198. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,394/mo property income covering a $4,890/mo payment, not borrower’s personal income.
Multi Family
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11208, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,468 (100%) |
| Owner Occupied HU | 7,826 (22.7%) |
| Renter Occupied HU | 24,418 (70.8%) |
| Vacant Housing Units | 2,224 ( 6.5%) |
| Median Home Value | $663,355 |
| Average Home Value | $691,267 |
Housing Distribution
Address Breakdown
Residential
24,478
Single Family
12,077
Multi-Family
12,401
Businesses
1,456
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