1559 Remsen AveBrooklynNY11236
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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 1559 Remsen Ave, Brooklyn, NY, 11236 offers a 9.19% rental yield on a $574,900 purchase with $4,403/mo rent. Total monthly income registers $4,403/mo, and a $2,814/mo payment leaves $564/mo available for distribution. Annual cash flow reaches $6,765/yr on $189,142 to close, and return on cash invested stands at 23.64% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,834 over five years. Portfolio math shows five-year ROI at 123.45% and total cumulative return in cash at $233,499. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,403/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1945
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11236, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,656 (100%) |
| Owner Occupied HU | 14,596 (42.1%) |
| Renter Occupied HU | 18,459 (53.3%) |
| Vacant Housing Units | 1,601 ( 4.6%) |
| Median Home Value | $714,028 |
| Average Home Value | $730,006 |
Housing Distribution
Address Breakdown
Residential
24,470
Single Family
18,597
Multi-Family
5,873
Businesses
1,452
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