1340 E 58th StBrooklynNY11234
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
Investment property for sale in Brooklyn at 1340 E 58th St, Brooklyn, NY, 11234 earns from $4,210/mo rent with a $4,503/mo payment. Total monthly income totals $4,210/mo. ROI tracks 12.39% on current figures, and rental yield reads 5.49% at a $920,000 purchase. Equity gained on principal adds $5,937/yr, and 5% annual appreciation supports $254,179 over five years. Five-year ROI reaches 63.16% and total cumulative return in cash sums $191,175. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,210/mo property income instead of your personal income.
Multi Family
Built in 1960
1,600 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices