2570 E 17th St APT 3ABrooklynNY11235
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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 2570 E 17th St APT 3A, Brooklyn, NY, 11235 offers a 10.75% rental yield on a $699,000 purchase with $6,262/mo rent. Total monthly income registers $6,262/mo, and a $3,421/mo payment leaves $797/mo available for distribution. Annual cash flow reaches $9,569/yr on $229,971 to close, and return on cash invested stands at 24.22% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 128.09% and total cumulative return in cash at $294,578. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,262/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
$797 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11235, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,528 (100%) |
| Owner Occupied HU | 12,309 (34.6%) |
| Renter Occupied HU | 21,027 (59.2%) |
| Vacant Housing Units | 2,192 ( 6.2%) |
| Median Home Value | $818,168 |
| Average Home Value | $852,087 |
Housing Distribution
Address Breakdown
Residential
34,125
Single Family
9,107
Multi-Family
25,018
Businesses
2,017
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