593 Lexington AveBrooklynNY11221
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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 593 Lexington Ave, Brooklyn, NY, 11221 priced at $1,113,900 pairs $4,201/mo rent with after a $5,452/mo payment. Total monthly income equals $4,201/mo. Return on cash invested is 9.61% in year one, and rental yield stands at 4.53% on a $1,113,900 basis. Equity gained on principal adds $7,188/yr, and 5% annual appreciation accumulates to $307,750 by year five. Five-year ROI measures 48.15% and total cumulative return in cash reaches $173,775. For financing, Ziffy Mortgage’s DSCR program evaluates $4,201/mo property income against a $5,452/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1899
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11221, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,771 (100%) |
| Owner Occupied HU | 6,151 (15.9%) |
| Renter Occupied HU | 29,138 (75.2%) |
| Vacant Housing Units | 3,482 ( 9.0%) |
| Median Home Value | $1,248,648 |
| Average Home Value | $1,267,842 |
Housing Distribution
Address Breakdown
Residential
31,571
Single Family
10,153
Multi-Family
21,418
Businesses
1,223
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Listed by: Thomas Marcotrigiano • Tom Marco Real Estate
Mls Name: BNYMLS
Mls Provider:
Mls ID: #485527
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.