98 Lewis AvenueBrooklynNY11206
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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 98 Lewis Avenue, Brooklyn, NY, 11206 offers $4,217/mo rent that, after a $7,268/mo payment. Total monthly income is $4,217/mo. Return on cash invested measures 6.16% in year one, and rental yield stands at 3.41% at a $1,485,000 entry. Equity gained on principal adds $9,582/yr while 5% annual appreciation compounds into $410,278 by year five. Five-year ROI records 29.64% and total cumulative return in cash reaches $142,626. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,217/mo property income versus a $7,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1899
1,597 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11206, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,690 (100%) |
| Owner Occupied HU | 3,222 ( 8.3%) |
| Renter Occupied HU | 32,770 (84.7%) |
| Vacant Housing Units | 2,698 ( 7.0%) |
| Median Home Value | $975,560 |
| Average Home Value | $1,070,947 |
Housing Distribution
Address Breakdown
Residential
33,340
Single Family
5,830
Multi-Family
27,510
Businesses
1,944
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