151 Noll St APT 1BrooklynNY11206
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play151 Noll St APT 1, Brooklyn, NY, 11206 in Brooklyn is priced for appreciation, not yield. Rental yield 3.89%. At $1,299,996 with a 3.89% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $359,165 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.72) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $208,401.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 4.2% |
| Monthly Cash Flow | $(4,464) | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,217 |
| Total Monthly Debt Service | $8,164 |
| DSCR Ratio | 0.52x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1920
N/A lot
$N/A/sqft
No 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
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
Multi Family
Built in 1920
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices