601 79th St APT C20BrooklynNY11209
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
Rental property for sale in Brooklyn at 601 79th St APT C20, Brooklyn, NY, 11209 generates $2,490/mo in rent and, after a $1,762/mo payment, leaves $86/mo in cash flow. Total monthly income is $2,490/mo, and annual cash flow is $1,032/yr on $119,340 invested. Return on cash invested sits at 20.77% in year one, and rental yield is 8.3% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 108.1% and total cumulative return in cash sums $129,009. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,490/mo property income rather than buyer’s personal income.
Condo
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11209, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,347 (100%) |
| Owner Occupied HU | 10,175 (30.5%) |
| Renter Occupied HU | 21,237 (63.7%) |
| Vacant Housing Units | 1,935 ( 5.8%) |
| Median Home Value | $1,072,126 |
| Average Home Value | $1,081,829 |
Housing Distribution
Address Breakdown
Residential
29,004
Single Family
8,429
Multi-Family
20,575
Businesses
1,980
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices