522 State St #3BrooklynNY11217
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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 522 State St #3, Brooklyn, NY, 11217 priced at $1,756,481 pairs $5,448/mo rent with after a $8,597/mo payment. Total monthly income equals $5,448/mo. Return on cash invested is 5.31% in year one, and rental yield stands at 3.72% on a $1,756,481 basis. Equity gained on principal adds $11,334/yr, and 5% annual appreciation accumulates to $485,283 by year five. Five-year ROI measures 25.78% and total cumulative return in cash reaches $146,704. For financing, Ziffy Mortgage’s DSCR program evaluates $5,448/mo property income against a $8,597/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2024
N/A lot
$N/A/sqft
$860 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11217, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,719 (100%) |
| Owner Occupied HU | 5,268 (21.3%) |
| Renter Occupied HU | 17,323 (70.1%) |
| Vacant Housing Units | 2,128 ( 8.6%) |
| Median Home Value | $1,753,412 |
| Average Home Value | $1,604,739 |
Housing Distribution
Address Breakdown
Residential
20,350
Single Family
2,859
Multi-Family
17,491
Businesses
1,444
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