57 Front St APT 604BrooklynNY11201
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
Total monthly income runs $4,730/mo, and a $6,461/mo payment. Purchase price stands at $1,320,000, and rental yield measures 4.3% with $4,730/mo rent. Return on cash invested shows 8.91% in year one, and 5% annual appreciation builds toward $364,692 over five years. Five-year ROI reaches 44.4% and total cumulative return in cash records $189,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,730/mo property income covering a $6,461/mo payment rather than investor’s personal income.
Condo
Built in 1899
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices