163 Columbia St #2ABrooklynNY11231
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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 163 Columbia St #2A, Brooklyn, NY, 11231 earns $96/mo cash flow from $10,538/mo rent with a $7,219/mo payment. Total monthly income totals $10,538/mo, and annual cash flow totals $1,147/yr on $477,900 capital. ROI tracks 20.61% on current figures, and rental yield reads 8.57% at a $1,475,000 purchase. Equity gained on principal adds $9,518/yr, and 5% annual appreciation supports $407,515 over five years. Five-year ROI reaches 107.7% and total cumulative return in cash sums $514,702. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $10,538/mo property income instead of your personal income.
Condo
Built in 2015
N/A lot
$N/A/sqft
$593 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11231, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,446 (100%) |
| Owner Occupied HU | 4,101 (23.5%) |
| Renter Occupied HU | 12,031 (69.0%) |
| Vacant Housing Units | 1,314 ( 7.5%) |
| Median Home Value | $1,765,973 |
| Average Home Value | $1,624,888 |
Housing Distribution
Address Breakdown
Residential
15,312
Single Family
3,858
Multi-Family
11,454
Businesses
1,468
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