119 Ryerson StBrooklynNY11205
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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 119 Ryerson St, Brooklyn, NY, 11205 with 5% annual appreciation on a $1,499,000 basis while $10,578/mo rent supports operations. Total monthly income totals $10,578/mo and a $7,337/mo payment preserves $568/mo for cash returns. Annual cash flow comes to $6,813/yr on $485,676 deployed, and return on cash invested reaches 21.77% in year one. Equity gained on principal adds $9,673/yr, and five-year appreciation sums $414,146 alongside rental yield of 8.47%. Five-year ROI measures 113.39% and total cumulative return in cash totals $550,701.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $10,578/mo property income versus a $7,337/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1901
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11205, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,161 (100%) |
| Owner Occupied HU | 4,550 (21.5%) |
| Renter Occupied HU | 14,892 (70.4%) |
| Vacant Housing Units | 1,719 ( 8.1%) |
| Median Home Value | $988,883 |
| Average Home Value | $1,198,598 |
Housing Distribution
Address Breakdown
Residential
18,005
Single Family
2,929
Multi-Family
15,076
Businesses
1,731
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