1200 E 53rd St APT 5BBrooklynNY11234
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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
Total monthly income runs $1,796/mo, and a $1,248/mo payment. Purchase price stands at $255,000, and rental yield measures 8.45% with $1,796/mo rent. Return on cash invested shows 5.62% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 32.55% and total cumulative return in cash records $27,512. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,796/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
$1,100 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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