661 55th StBrooklynNY11220
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 661 55th St, Brooklyn, NY, 11220 earns from $7,648/mo rent with a $7,831/mo payment. Total monthly income totals $7,648/mo. ROI tracks 13.34% on current figures, and rental yield reads 5.74% at a $1,600,000 purchase. Equity gained on principal adds $10,325/yr, and 5% annual appreciation supports $442,051 over five years. Five-year ROI reaches 68.18% and total cumulative return in cash sums $353,439. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,648/mo property income instead of your personal income.
Multi Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11220, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,465 (100%) |
| Owner Occupied HU | 6,364 (19.6%) |
| Renter Occupied HU | 24,149 (74.4%) |
| Vacant Housing Units | 1,952 ( 6.0%) |
| Median Home Value | $1,106,071 |
| Average Home Value | $1,109,570 |
Housing Distribution
Address Breakdown
Residential
22,134
Single Family
7,854
Multi-Family
14,280
Businesses
2,771
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices