420 42nd St APT 1EBrooklynNY11232
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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 420 42nd St APT 1E, Brooklyn, NY, 11232 listed at $598,000 pairs $3,626/mo rent with a $2,927/mo payment. Total monthly income runs $3,626/mo. Return on cash invested measures 17.82% in year one, and rental yield registers 7.28% at a $598,000 basis. Equity gained on principal adds $3,859/yr, and annual property appreciation at 5% supports $165,216 by year five. Five-year ROI tracks 92.25% and total cumulative return in cash totals $181,496. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,626/mo property income relative to a $2,927/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11232, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,287 (100%) |
| Owner Occupied HU | 2,037 (19.8%) |
| Renter Occupied HU | 7,496 (72.9%) |
| Vacant Housing Units | 754 ( 7.3%) |
| Median Home Value | $1,094,994 |
| Average Home Value | $1,080,814 |
Housing Distribution
Address Breakdown
Residential
7,688
Single Family
1,900
Multi-Family
5,788
Businesses
1,973
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