1238 63rd St APT D326BrooklynNY11219
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $4,452/mo, and a $4,199/mo payment. Purchase price stands at $858,000, and rental yield measures 6.23% with $4,452/mo rent. Return on cash invested shows 14.63% in year one, and 5% annual appreciation builds toward $237,050 over five years. Five-year ROI reaches 75.15% and total cumulative return in cash records $212,125. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,452/mo property income covering a $4,199/mo payment rather than investor’s personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11219, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,503 (100%) |
| Owner Occupied HU | 6,319 (20.7%) |
| Renter Occupied HU | 21,992 (72.1%) |
| Vacant Housing Units | 2,192 ( 7.2%) |
| Median Home Value | $1,186,085 |
| Average Home Value | $1,250,046 |
Housing Distribution
Address Breakdown
Residential
23,152
Single Family
8,338
Multi-Family
14,814
Businesses
2,719
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices