53 Boerum Pl APT 7C, Brooklyn, NY, 11201 | $3/mo Cash Flow

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53 Boerum Pl APT 7C, Brooklyn, NY, 11201 | $3/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Brooklyn at 53 Boerum Pl APT 7C, Brooklyn, NY, 11201 with 5% annual appreciation on a $670,000 basis while $5,281/mo rent supports operations. Total monthly income totals $5,281/mo and a $3,279/mo payment preserves $3/mo for cash returns. Annual cash flow comes to $38/yr on $220,430 deployed, and return on cash invested reaches 20.08% in year one. Equity gained on principal adds $4,323/yr, and five-year appreciation sums $185,109 alongside rental yield of 9.46%. Five-year ROI measures 105.96% and total cumulative return in cash totals $233,561.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,281/mo property income versus a $3,279/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 2003

N/A lot

$N/A/sqft

$804 monthly HOA

More details about the property

One Bedroom condominium located in the heart of Downtown Brooklyn. Built in 2003, Designed by the renowned architectural firm Stephen B. Jacobs Group. The building boasts 24-hour doorman and concierge service, a live-in superintendent, and high-speed elevators, fully equipped gym, residents' lounge, a landscaped common garden terrace, bike storage, and a central laundry room. Nearby dining, and shopping, Brooklyn Heights Promenade, which offers breathtaking views of the Manhattan skyline. Transportation several major subway lines within close proximity, 2, 3, 4, 5, A, C, F, and R trains are all easily accessible to Manhattan.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11201, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	38,878 (100%)
Owner Occupied HU	10,690 (27.5%)
Renter Occupied HU	23,599 (60.7%)
Vacant Housing Units	4,589 (11.8%)
Median Home Value	$1,369,636
Average Home Value	$1,410,575