61 Engert Ave APT 1BrooklynNY11222
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 61 Engert Ave APT 1, Brooklyn, NY, 11222 generates $9,476/mo in rent and, after a $934/mo payment, leaves $7,190/mo in cash flow. Total monthly income is $9,476/mo, and annual cash flow is $86,276/yr on $63,261 invested. Return on cash invested sits at 156.29% in year one, and rental yield is 59.59% on a $190,833 entry. Equity gained on principal adds $1,231/yr, while 5% annual appreciation builds toward $52,724 over five years. Five-year ROI reaches 841.8% and total cumulative return in cash sums $532,534. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,476/mo property income rather than buyer’s personal income.
Condo
Built in 1929
N/A lot
$N/A/sqft
$416 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11222, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,919 (100%) |
| Owner Occupied HU | 3,068 (12.8%) |
| Renter Occupied HU | 17,791 (74.4%) |
| Vacant Housing Units | 3,060 (12.8%) |
| Median Home Value | $1,554,790 |
| Average Home Value | $1,466,272 |
Housing Distribution
Address Breakdown
Residential
21,134
Single Family
3,188
Multi-Family
17,946
Businesses
2,681
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices