171 Calyer St APT 3EBrooklynNY11222
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 171 Calyer St APT 3E, Brooklyn, NY, 11222 in Brooklyn achieves 1.51, rent of $12,888/mo covers the $8,539/mo payment 1.5x over at $1,899,000. Rental yield 8.14%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $524,659 over five years, with $17,490/yr in principal reduction bringing total projected return to $676,334.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 4.2% |
| Monthly Cash Flow | $(811) | $2,850 |
City averages based on Brooklyn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $12,888 |
| Total Monthly Debt Service | $12,944 |
| DSCR Ratio | 1.00x |
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.
Condo
Built in 2023
N/A lot
$N/A/sqft
$1,018 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11222, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,919 (100%) |
| Owner Occupied HU | 3,068 (12.8%) |
| Renter Occupied HU | 17,791 (74.4%) |
| Vacant Housing Units | 3,060 (12.8%) |
| Median Home Value | $1,554,790 |
| Average Home Value | $1,466,272 |
Housing Distribution
Address Breakdown
Residential
21,134
Single Family
3,188
Multi-Family
17,946
Businesses
2,681
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
Condo
Built in 2023
N/A lot
$N/A/sqft
$1,018 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11222, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,919 (100%) |
| Owner Occupied HU | 3,068 (12.8%) |
| Renter Occupied HU | 17,791 (74.4%) |
| Vacant Housing Units | 3,060 (12.8%) |
| Median Home Value | $1,554,790 |
| Average Home Value | $1,466,272 |
Housing Distribution
Address Breakdown
Residential
21,134
Single Family
3,188
Multi-Family
17,946
Businesses
2,681
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices