1511 E 51st StBrooklynNY11234
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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 1511 E 51st St, Brooklyn, NY, 11234 listed at $889,000 pairs $3,677/mo rent with a $4,351/mo payment. Total monthly income runs $3,677/mo. Return on cash invested measures 10.79% in year one, and rental yield registers 4.96% at a $889,000 basis. Equity gained on principal adds $5,737/yr, and annual property appreciation at 5% supports $245,614 by year five. Five-year ROI tracks 54.56% and total cumulative return in cash totals $159,566. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,677/mo property income relative to a $4,351/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
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
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