111 Hicks St APT 10RBrooklynNY11201
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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 111 Hicks St APT 10R, Brooklyn, NY, 11201 earns from $5,630/mo rent with a $3,421/mo payment. Total monthly income totals $5,630/mo. ROI tracks 15.61% on current figures, and rental yield reads 9.67% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 83.85% and total cumulative return in cash sums $192,830. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,630/mo property income instead of your personal income.
Condo
Built in 1929
N/A lot
$N/A/sqft
$1,815 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11201, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,878 (100%) |
| Owner Occupied HU | 10,690 (27.5%) |
| Renter Occupied HU | 23,599 (60.7%) |
| Vacant Housing Units | 4,589 (11.8%) |
| Median Home Value | $1,369,636 |
| Average Home Value | $1,410,575 |
Housing Distribution
Address Breakdown
Residential
37,887
Single Family
2,025
Multi-Family
35,862
Businesses
3,130
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