151 Manhattan Ave APT 1BBrooklynNY11206
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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 151 Manhattan Ave APT 1B, Brooklyn, NY, 11206 at $1,250,000 posts ROI 22.15% with $602/mo cash flow from $9,581/mo rent. Total monthly income equals $9,581/mo, and annual cash flow records $7,222/yr on $405,000 to close. Return on cash invested measures 22.15% and rental yield reads 9.2% at the current $1,250,000. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 by year five. Five-year ROI prints 116.11% and total cumulative return in cash totals $470,233.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $9,581/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2005
N/A lot
$N/A/sqft
$632 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11206, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,690 (100%) |
| Owner Occupied HU | 3,222 ( 8.3%) |
| Renter Occupied HU | 32,770 (84.7%) |
| Vacant Housing Units | 2,698 ( 7.0%) |
| Median Home Value | $975,560 |
| Average Home Value | $1,070,947 |
Housing Distribution
Address Breakdown
Residential
33,340
Single Family
5,830
Multi-Family
27,510
Businesses
1,944
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