179 Jackson St APT 5, Brooklyn, NY, 11211 | 6.75% Rental Yield

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179 Jackson St APT 5, Brooklyn, NY, 11211 | 6.75% Rental Yield | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Brooklyn at 179 Jackson St APT 5, Brooklyn, NY, 11211 priced at $775,000 pairs $4,358/mo rent with after a $3,793/mo payment. Total monthly income equals $4,358/mo. Return on cash invested is 14.02% in year one, and rental yield stands at 6.75% on a $775,000 basis. Equity gained on principal adds $5,001/yr, and 5% annual appreciation accumulates to $214,118 by year five. Five-year ROI measures 72.65% and total cumulative return in cash reaches $185,239. For financing, Ziffy Mortgage’s DSCR program evaluates $4,358/mo property income against a $3,793/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 2007

N/A lot

$N/A/sqft

$467 monthly HOA

More details about the property

Discover the potential to create your dream home in the vibrant neighborhood of Williamsburg at 179 Jackson Street. A boutique elevator condominium building featuring six exclusive units, each residence at 179 Jackson features outdoor space, generous layouts, ample closet space, and deeded storage. Residence 5 features a spacious one-bedroom, one-bathroom layout within 617 SF of interior space. The generously sized bedroom comfortably accommodates a king-sized bed. This apartment is equipped with modern conveniences, including a thru-wall AC, and a dishwasher. Additionally, it boasts a private, northern balcony that overlooks a serene garden, offering a peaceful retreat. Enjoy boutique living in the heart of Williamsburg. Whether you are creating the dream home or considering an investment, 179 Jackson offers an exceptional opportunity in one of Brooklyn's most sought-after neighborhoods. The location is unbeatable, with easy access to world-class dining, trendy cafes, bars, and shopping. Nearby McCarren and McGolrick Parks are perfect for weekend farmers' markets, dog runs, and various outdoor activities. Commuting is convenient with the G train at Metropolitan Ave and the L train at Graham Ave nearby. 179 Jackson, built in 2007, is now offered to the public for the first time. Please note that these are sponsor sales and the advertised common charges and taxes are projected per the offering plan. Taxes listed with 421a Tax Abatement; subject to expire 07/2026. For more information or to arrange a private viewing, please contact the sales team. Full terms are available in the offering plan from the Sponsor, File No CD230190. Equal Housing Opportunity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11211, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	31,586 (100%)
Owner Occupied HU	3,831 (12.1%)
Renter Occupied HU	25,292 (80.1%)
Vacant Housing Units	2,463 ( 7.8%)
Median Home Value	$1,271,849
Average Home Value	$1,337,404