70 Remsen St APT 4FBrooklynNY11201
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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 70 Remsen St APT 4F, Brooklyn, NY, 11201 earns $123/mo cash flow from $2,186/mo rent with a $1,512/mo payment. Total monthly income totals $2,186/mo, and annual cash flow totals $1,475/yr on $102,434 capital. ROI tracks 21.35% on current figures, and rental yield reads 8.49% at a $309,000 purchase. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 over five years. Five-year ROI reaches 111.2% and total cumulative return in cash sums $113,909. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,186/mo property income instead of your personal income.
Condo
Built in 1928
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11201, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,878 (100%) |
| Owner Occupied HU | 10,690 (27.5%) |
| Renter Occupied HU | 23,599 (60.7%) |
| Vacant Housing Units | 4,589 (11.8%) |
| Median Home Value | $1,369,636 |
| Average Home Value | $1,410,575 |
Housing Distribution
Address Breakdown
Residential
37,887
Single Family
2,025
Multi-Family
35,862
Businesses
3,130
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