1199 E 53rd StBrooklynNY11234
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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 1199 E 53rd St, Brooklyn, NY, 11234 earns from $1,835/mo rent with a $1,268/mo payment. Total monthly income totals $1,835/mo. ROI tracks 7.4% on current figures, and rental yield reads 8.5% at a $259,000 purchase. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 over five years. Five-year ROI reaches 41.53% and total cumulative return in cash sums $35,656. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,835/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,000 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11234, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,763 (100%) |
| Owner Occupied HU | 18,894 (57.7%) |
| Renter Occupied HU | 11,707 (35.7%) |
| Vacant Housing Units | 2,162 ( 6.6%) |
| Median Home Value | $761,967 |
| Average Home Value | $819,145 |
Housing Distribution
Address Breakdown
Residential
26,624
Single Family
22,963
Multi-Family
3,661
Businesses
1,770
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