191 Luquer St APT 2BBrooklynNY11231
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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 191 Luquer St APT 2B, Brooklyn, NY, 11231 priced at $1,395,000 pairs $6,953/mo rent with after a $6,828/mo payment. Total monthly income equals $6,953/mo. Return on cash invested is 12.05% in year one, and rental yield stands at 5.98% on a $1,395,000 basis. Equity gained on principal adds $9,002/yr, and 5% annual appreciation accumulates to $385,413 by year five. Five-year ROI measures 62.01% and total cumulative return in cash reaches $280,294. For financing, Ziffy Mortgage’s DSCR program evaluates $6,953/mo property income against a $6,828/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1931
N/A lot
$N/A/sqft
$770 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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