643 5th Ave #3CBrooklynNY11215
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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
Investment property for sale in Brooklyn at 643 5th Ave #3C, Brooklyn, NY, 11215 uses $182,200 cash to close to unlock $4,553/yr annual cash flow and $379/mo monthly cash flow. Total monthly income runs $4,078/mo, and a $2,711/mo payment keeps the spread at $379/mo. Purchase price stands at $553,800, and rental yield measures 8.84% with $4,078/mo rent. Return on cash invested shows 22.56% in year one, and 5% annual appreciation builds toward $153,005 over five years. Five-year ROI reaches 117.68% and total cumulative return in cash records $214,407. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,078/mo property income covering a $2,711/mo payment rather than investor’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11215, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,113 (100%) |
| Owner Occupied HU | 10,260 (33.0%) |
| Renter Occupied HU | 18,447 (59.3%) |
| Vacant Housing Units | 2,406 ( 7.7%) |
| Median Home Value | $1,666,185 |
| Average Home Value | $1,587,839 |
Housing Distribution
Address Breakdown
Residential
27,619
Single Family
7,344
Multi-Family
20,275
Businesses
2,297
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