175 Monroe StBrooklynNY11216
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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 175 Monroe St, Brooklyn, NY, 11216 with 5% annual appreciation on a $1,899,000 basis while $18,553/mo rent supports operations. Total monthly income totals $18,553/mo and a $9,295/mo payment preserves $5,871/mo for cash returns. Annual cash flow comes to $70,457/yr on $615,276 deployed, and return on cash invested reaches 31.82% in year one. Equity gained on principal adds $12,254/yr, and five-year appreciation sums $524,659 alongside rental yield of 11.72%. Five-year ROI measures 167.28% and total cumulative return in cash totals $1,029,217.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $18,553/mo property income versus a $9,295/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11216, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,043 (100%) |
| Owner Occupied HU | 4,631 (15.9%) |
| Renter Occupied HU | 21,985 (75.7%) |
| Vacant Housing Units | 2,427 ( 8.4%) |
| Median Home Value | $1,536,344 |
| Average Home Value | $1,481,149 |
Housing Distribution
Address Breakdown
Residential
23,723
Single Family
5,049
Multi-Family
18,674
Businesses
1,431
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