60 Broadway APT 4QBrooklynNY11249
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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 60 Broadway APT 4Q, Brooklyn, NY, 11249 priced at $1,299,500 converts $4,646/mo rent into after a $6,360/mo obligation. Total monthly income equals $4,646/mo. Return on cash invested prints 8.88% in year one, and rental yield reads 4.29% against a $1,299,500 entry. Equity gained on principal adds $8,385/yr, while 5% annual appreciation compiles into $359,028 by year five. Five-year ROI reaches 44.26% and total cumulative return in cash sums $186,338. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,646/mo property income covering a $6,360/mo payment, not borrower’s personal income.
Condo
Built in 1916
N/A 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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