989 Schenck AveBrooklynNY11207
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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 989 Schenck Ave, Brooklyn, NY, 11207 earns $1,035/mo cash flow from $4,895/mo rent with a $2,829/mo payment. Total monthly income totals $4,895/mo, and annual cash flow totals $12,423/yr on $190,162 capital. ROI tracks 26.59% on current figures, and rental yield reads 10.16% at a $578,000 purchase. Equity gained on principal adds $3,730/yr, and 5% annual appreciation supports $159,691 over five years. Five-year ROI reaches 139.31% and total cumulative return in cash sums $264,917. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,895/mo property income instead of your personal income.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11207, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,348 (100%) |
| Owner Occupied HU | 8,527 (21.7%) |
| Renter Occupied HU | 27,657 (70.3%) |
| Vacant Housing Units | 3,164 ( 8.0%) |
| Median Home Value | $703,912 |
| Average Home Value | $757,763 |
Housing Distribution
Address Breakdown
Residential
29,941
Single Family
11,110
Multi-Family
18,831
Businesses
1,787
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