2569 W 2nd St APT 4GBrooklynNY11223
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
Investment Highlights
Investment property for sale in Brooklyn at 2569 W 2nd St APT 4G, Brooklyn, NY, 11223 listed at $299,000 pairs $2,051/mo rent with a $1,463/mo payment. Total monthly income runs $2,051/mo. Return on cash invested measures 10.83% in year one, and rental yield registers 8.23% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 58.32% and total cumulative return in cash totals $57,802. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,051/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
$805 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11223, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,920 (100%) |
| Owner Occupied HU | 9,651 (30.2%) |
| Renter Occupied HU | 20,192 (63.3%) |
| Vacant Housing Units | 2,077 ( 6.5%) |
| Median Home Value | $1,073,206 |
| Average Home Value | $1,146,126 |
Housing Distribution
Address Breakdown
Residential
23,793
Single Family
11,075
Multi-Family
12,718
Businesses
2,108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Frank Lupi • Wolf Properties Inc
Mls Name: BNYMLS
Mls Provider:
Mls ID: #490509
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.