185 Hall St APT 1607BrooklynNY11205
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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
Rental property for sale in Brooklyn at 185 Hall St APT 1607, Brooklyn, NY, 11205 generates $3,763/mo in rent, after a $2,790/mo payment. Total monthly income is $3,763/mo. Return on cash invested sits at 19.78% in year one, and rental yield is 7.92% on a $570,000 entry. Equity gained on principal adds $3,678/yr, while 5% annual appreciation builds toward $157,480 over five years. Five-year ROI reaches 102.78% and total cumulative return in cash sums $192,745. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,763/mo property income rather than buyer’s personal income.
Condo
Built in 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11205, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,161 (100%) |
| Owner Occupied HU | 4,550 (21.5%) |
| Renter Occupied HU | 14,892 (70.4%) |
| Vacant Housing Units | 1,719 ( 8.1%) |
| Median Home Value | $988,883 |
| Average Home Value | $1,198,598 |
Housing Distribution
Address Breakdown
Residential
18,005
Single Family
2,929
Multi-Family
15,076
Businesses
1,731
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