60 Lott AveBrooklynNY11212
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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 Lott Ave, Brooklyn, NY, 11212 priced at $1,250,000 converts $4,260/mo rent into after a $6,118/mo obligation. Total monthly income equals $4,260/mo. Return on cash invested prints 8.26% in year one, and rental yield reads 4.09% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 40.92% and total cumulative return in cash sums $165,745. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,260/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11212, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,629 (100%) |
| Owner Occupied HU | 4,973 (14.4%) |
| Renter Occupied HU | 27,923 (80.6%) |
| Vacant Housing Units | 1,733 ( 5.0%) |
| Median Home Value | $559,685 |
| Average Home Value | $614,264 |
Housing Distribution
Address Breakdown
Residential
29,817
Single Family
6,072
Multi-Family
23,745
Businesses
1,423
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