1200 E 53rd St APT 2ABrooklynNY11234
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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 1200 E 53rd St APT 2A, Brooklyn, NY, 11234 earns $108/mo cash flow from $1,744/mo rent with a $1,199/mo payment. Total monthly income totals $1,744/mo, and annual cash flow totals $1,297/yr on $81,218 capital. ROI tracks 21.51% on current figures, and rental yield reads 8.54% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 112.1% and total cumulative return in cash sums $91,044. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,744/mo property income instead of your personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
No 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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