524 Chester StBrooklynNY11212
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 524 Chester St, Brooklyn, NY, 11212 with 5% annual appreciation on a $799,900 basis while $7,576/mo rent supports operations. Total monthly income totals $7,576/mo and a $3,915/mo payment preserves $2,235/mo for cash returns. Annual cash flow comes to $26,814/yr on $263,167 deployed, and return on cash invested reaches 30.25% in year one. Equity gained on principal adds $5,162/yr, and five-year appreciation sums $220,998 alongside rental yield of 11.37%. Five-year ROI measures 158.91% and total cumulative return in cash totals $418,200.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,576/mo property income versus a $3,915/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
2,565 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11212, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,629 (100%) |
| Owner Occupied HU | 4,973 (14.4%) |
| Renter Occupied HU | 27,923 (80.6%) |
| Vacant Housing Units | 1,733 ( 5.0%) |
| Median Home Value | $559,685 |
| Average Home Value | $614,264 |
Housing Distribution
Address Breakdown
Residential
29,817
Single Family
6,072
Multi-Family
23,745
Businesses
1,423
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices