473 57th StBrooklynNY11220
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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 473 57th St, Brooklyn, NY, 11220 generates $5,960/mo in rent, after a $9,691/mo payment. Total monthly income is $5,960/mo. Return on cash invested sits at 6.79% in year one, and rental yield is 3.61% on a $1,980,000 entry. Equity gained on principal adds $12,777/yr, while 5% annual appreciation builds toward $547,037 over five years. Five-year ROI reaches 33.02% and total cumulative return in cash sums $211,852. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,960/mo property income rather than buyer’s personal income.
Single Family
Built in 1901
1,472 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11220, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,465 (100%) |
| Owner Occupied HU | 6,364 (19.6%) |
| Renter Occupied HU | 24,149 (74.4%) |
| Vacant Housing Units | 1,952 ( 6.0%) |
| Median Home Value | $1,106,071 |
| Average Home Value | $1,109,570 |
Housing Distribution
Address Breakdown
Residential
22,134
Single Family
7,854
Multi-Family
14,280
Businesses
2,771
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