500 4th Ave APT 6OBrooklynNY11215
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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 500 4th Ave APT 6O, Brooklyn, NY, 11215 uses $222,075 cash to close to unlock $171/yr annual cash flow and $14/mo monthly cash flow. Total monthly income runs $4,522/mo, and a $3,304/mo payment keeps the spread at $14/mo. Purchase price stands at $675,000, and rental yield measures 8.04% with $4,522/mo rent. Return on cash invested shows 20.14% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 104.69% and total cumulative return in cash records $232,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,522/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Condo
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11215, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,113 (100%) |
| Owner Occupied HU | 10,260 (33.0%) |
| Renter Occupied HU | 18,447 (59.3%) |
| Vacant Housing Units | 2,406 ( 7.7%) |
| Median Home Value | $1,666,185 |
| Average Home Value | $1,587,839 |
Housing Distribution
Address Breakdown
Residential
27,619
Single Family
7,344
Multi-Family
20,275
Businesses
2,297
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