55 Eastern Pkwy APT 6FBrooklynNY11238
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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 55 Eastern Pkwy APT 6F, Brooklyn, NY, 11238 with 5% annual appreciation on a $599,000 basis while $5,671/mo rent supports operations. Total monthly income totals $5,671/mo and a $2,932/mo payment preserves $1,671/mo for cash returns. Annual cash flow comes to $20,049/yr on $197,071 deployed, and return on cash invested reaches 30.23% in year one. Equity gained on principal adds $3,865/yr, and five-year appreciation sums $165,493 alongside rental yield of 11.36%. Five-year ROI measures 158.82% and total cumulative return in cash totals $312,994.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,671/mo property income versus a $2,932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11238, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,474 (100%) |
| Owner Occupied HU | 6,812 (23.1%) |
| Renter Occupied HU | 20,449 (69.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,403,531 |
| Average Home Value | $1,446,411 |
Housing Distribution
Address Breakdown
Residential
29,567
Single Family
3,670
Multi-Family
25,897
Businesses
1,362
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