130 Hicks St APT 1EBrooklynNY11201
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 130 Hicks St APT 1E, Brooklyn, NY, 11201 listed at $387,000 pairs $3,299/mo rent with a $1,894/mo payment to leave $715/mo cash flow. Total monthly income runs $3,299/mo, and annual cash flow reaches $8,578/yr on $128,291 cash to close. Return on cash invested measures 26.6% in year one, and rental yield registers 10.23% at a $387,000 basis. Equity gained on principal adds $2,497/yr, and annual property appreciation at 5% supports $106,921 by year five. Five-year ROI tracks 139.34% and total cumulative return in cash totals $178,754. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,299/mo property income relative to a $1,894/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1958
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices