111 S 3rd St APT 3FBrooklynNY11249
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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 S 3rd St APT 3F, Brooklyn, NY, 11249 earns from $5,256/mo rent with a $4,106/mo payment. Total monthly income totals $5,256/mo. ROI tracks 15.77% on current figures, and rental yield reads 7.52% at a $839,000 purchase. Equity gained on principal adds $5,414/yr, and 5% annual appreciation supports $231,800 over five years. Five-year ROI reaches 82.25% and total cumulative return in cash sums $227,040. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,256/mo property income instead of your personal income.
Condo
Built in 1915
N/A lot
$N/A/sqft
$641 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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