61 Oliver St APT 6FBrooklynNY11209
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
Investment property for sale in Brooklyn at 61 Oliver St APT 6F, Brooklyn, NY, 11209 at $325,000 posts ROI 21.19% with $115/mo cash flow from $2,286/mo rent. Total monthly income equals $2,286/mo, and annual cash flow records $1,385/yr on $107,738 to close. Return on cash invested measures 21.19% and rental yield reads 8.44% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 110.4% and total cumulative return in cash totals $118,945.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,286/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1954
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