455 E 40th St #2BrooklynNY11203
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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 455 E 40th St #2, Brooklyn, NY, 11203 generates $5,125/mo in rent, after a $3,813/mo payment. Total monthly income is $5,125/mo. Return on cash invested sits at 19.7% in year one, and rental yield is 7.89% on a $779,000 entry. Equity gained on principal adds $5,027/yr, while 5% annual appreciation builds toward $215,223 over five years. Five-year ROI reaches 102.32% and total cumulative return in cash sums $262,238. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,125/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11203, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,458 (100%) |
| Owner Occupied HU | 10,125 (33.2%) |
| Renter Occupied HU | 18,555 (60.9%) |
| Vacant Housing Units | 1,778 ( 5.8%) |
| Median Home Value | $671,755 |
| Average Home Value | $719,379 |
Housing Distribution
Address Breakdown
Residential
22,794
Single Family
10,334
Multi-Family
12,460
Businesses
1,490
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