50 Greenpoint Ave #6HBrooklynNY11222
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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 50 Greenpoint Ave #6H, Brooklyn, NY, 11222 offers $5,043/mo rent that, after a $8,296/mo payment. Total monthly income is $5,043/mo. Return on cash invested measures 6.66% in year one, and rental yield stands at 3.57% at a $1,695,000 entry. Equity gained on principal adds $10,938/yr while 5% annual appreciation compounds into $468,297 by year five. Five-year ROI records 32.34% and total cumulative return in cash reaches $177,597. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,043/mo property income versus a $8,296/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11222, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,919 (100%) |
| Owner Occupied HU | 3,068 (12.8%) |
| Renter Occupied HU | 17,791 (74.4%) |
| Vacant Housing Units | 3,060 (12.8%) |
| Median Home Value | $1,554,790 |
| Average Home Value | $1,466,272 |
Housing Distribution
Address Breakdown
Residential
21,134
Single Family
3,188
Multi-Family
17,946
Businesses
2,681
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