70 Washington St APT 3JBrooklynNY11201
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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
Rental property for sale in Brooklyn at 70 Washington St APT 3J, Brooklyn, NY, 11201 priced at $1,235,000 pairs $4,353/mo rent with after a $6,045/mo payment. Total monthly income equals $4,353/mo. Return on cash invested is 4.54% in year one, and rental yield stands at 4.23% on a $1,235,000 basis. Equity gained on principal adds $7,969/yr, and 5% annual appreciation accumulates to $341,208 by year five. Five-year ROI measures 22.47% and total cumulative return in cash reaches $89,924. For financing, Ziffy Mortgage’s DSCR program evaluates $4,353/mo property income against a $6,045/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1916
N/A lot
$N/A/sqft
$1,385 monthly 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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