53 Boerum Pl APT 9BBrooklynNY11201
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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 53 Boerum Pl APT 9B, Brooklyn, NY, 11201 at $1,028,000 posts ROI 29.97% with $2,665/mo cash flow from $10,576/mo rent. Total monthly income equals $10,576/mo, and annual cash flow records $31,977/yr on $333,072 to close. Return on cash invested measures 29.97% and rental yield reads 12.35% at the current $1,028,000. Equity gained on principal adds $6,634/yr, and 5% annual appreciation supports $284,017 by year five. Five-year ROI prints 158.72% and total cumulative return in cash totals $528,646.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $10,576/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2003
N/A lot
$N/A/sqft
$1,046 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
37,887
Single Family
2,025
Multi-Family
35,862
Businesses
3,130
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