145 Park Pl UNIT PS 16BrooklynNY11217
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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 145 Park Pl UNIT PS 16, Brooklyn, NY, 11217 listed at $300,000 pairs $2,135/mo rent with a $1,468/mo payment to leave $132/mo cash flow. Total monthly income runs $2,135/mo, and annual cash flow reaches $1,584/yr on $99,450 cash to close. Return on cash invested measures 21.5% in year one, and rental yield registers 8.54% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 112.01% and total cumulative return in cash totals $111,396. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,135/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11217, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,719 (100%) |
| Owner Occupied HU | 5,268 (21.3%) |
| Renter Occupied HU | 17,323 (70.1%) |
| Vacant Housing Units | 2,128 ( 8.6%) |
| Median Home Value | $1,753,412 |
| Average Home Value | $1,604,739 |
Housing Distribution
Address Breakdown
Residential
20,350
Single Family
2,859
Multi-Family
17,491
Businesses
1,444
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