9430 Ridge Blvd APT 6DBrooklynNY11209
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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 9430 Ridge Blvd APT 6D, Brooklyn, NY, 11209 uses $59,339 cash to close to unlock $6,273/yr annual cash flow and $523/mo monthly cash flow. Total monthly income runs $2,188/mo, and a $876/mo payment keeps the spread at $523/mo. Purchase price stands at $179,000, and rental yield measures 14.67% with $2,188/mo rent. Return on cash invested shows 30.48% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 163.65% and total cumulative return in cash records $97,107. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,188/mo property income covering a $876/mo payment rather than investor’s personal income.
Condo
Built in 1953
N/A lot
$N/A/sqft
$470 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
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