775 Lafayette Ave APT 5FBrooklynNY11221
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 775 Lafayette Ave APT 5F, Brooklyn, NY, 11221 earns $1,194/mo cash flow from $5,801/mo rent with a $3,377/mo payment. Total monthly income totals $5,801/mo, and annual cash flow totals $14,322/yr on $227,010 capital. ROI tracks 26.37% on current figures, and rental yield reads 10.09% at a $690,000 purchase. Equity gained on principal adds $4,452/yr, and 5% annual appreciation supports $190,634 over five years. Five-year ROI reaches 138.1% and total cumulative return in cash sums $313,508. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,801/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11221, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,771 (100%) |
| Owner Occupied HU | 6,151 (15.9%) |
| Renter Occupied HU | 29,138 (75.2%) |
| Vacant Housing Units | 3,482 ( 9.0%) |
| Median Home Value | $1,248,648 |
| Average Home Value | $1,267,842 |
Housing Distribution
Address Breakdown
Residential
31,571
Single Family
10,153
Multi-Family
21,418
Businesses
1,223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices