106 Newport St APT 2FBrooklynNY11212
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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 106 Newport St APT 2F, Brooklyn, NY, 11212 generates $3,900/mo in rent, after a $7,092/mo payment. Total monthly income is $3,900/mo. Return on cash invested sits at 5.61% in year one, and rental yield is 3.23% on a $1,449,000 entry. Equity gained on principal adds $9,350/yr, while 5% annual appreciation builds toward $400,332 over five years. Five-year ROI reaches 26.69% and total cumulative return in cash sums $125,323. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,900/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
2,867 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11212, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,629 (100%) |
| Owner Occupied HU | 4,973 (14.4%) |
| Renter Occupied HU | 27,923 (80.6%) |
| Vacant Housing Units | 1,733 ( 5.0%) |
| Median Home Value | $559,685 |
| Average Home Value | $614,264 |
Housing Distribution
Address Breakdown
Residential
29,817
Single Family
6,072
Multi-Family
23,745
Businesses
1,423
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