55 Berry St APT 4DBrooklynNY11249
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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 55 Berry St APT 4D, Brooklyn, NY, 11249 priced at $233,095 converts $7,698/mo rent into $5,502/mo cash flow after a $1,141/mo obligation. Total monthly income equals $7,698/mo, and annual cash flow totals $66,029/yr on $77,271 invested. Return on cash invested prints 105.36% in year one, and rental yield reads 39.63% against a $233,095 entry. Equity gained on principal adds $1,504/yr, while 5% annual appreciation compiles into $64,400 by year five. Five-year ROI reaches 565.34% and total cumulative return in cash sums $436,842. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,698/mo property income covering a $1,141/mo payment, not borrower’s personal income.
Condo
Built in 1900
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11249, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,590 (100%) |
| Owner Occupied HU | 2,614 (13.3%) |
| Renter Occupied HU | 15,015 (76.6%) |
| Vacant Housing Units | 1,961 (10.0%) |
| Median Home Value | $1,414,969 |
| Average Home Value | $1,413,021 |
Housing Distribution
Address Breakdown
Residential
18,160
Single Family
1,898
Multi-Family
16,262
Businesses
889
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