1 Northside Piers APT 7DBrooklynNY11249
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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 1 Northside Piers APT 7D, Brooklyn, NY, 11249 at $1,995,000 posts ROI 8.61% with from $8,406/mo rent. Total monthly income equals $8,406/mo. Return on cash invested measures 8.61% and rental yield reads 5.06% at the current $1,995,000. Equity gained on principal adds $12,873/yr, and 5% annual appreciation supports $551,182 by year five. Five-year ROI prints 43.74% and total cumulative return in cash totals $282,753. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,406/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,420 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11249, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,590 (100%) |
| Owner Occupied HU | 2,614 (13.3%) |
| Renter Occupied HU | 15,015 (76.6%) |
| Vacant Housing Units | 1,961 (10.0%) |
| Median Home Value | $1,414,969 |
| Average Home Value | $1,413,021 |
Housing Distribution
Address Breakdown
Residential
18,160
Single Family
1,898
Multi-Family
16,262
Businesses
889
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