152 N 9th St APT 1-RBrooklynNY11249
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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 152 N 9th St APT 1-R, Brooklyn, NY, 11249 uses $229,971 cash to close to unlock $7,709/yr annual cash flow and $642/mo monthly cash flow. Total monthly income runs $6,150/mo, and a $3,421/mo payment keeps the spread at $642/mo. Purchase price stands at $699,000, and rental yield measures 10.56% with $6,150/mo rent. Return on cash invested shows 23.41% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 123.84% and total cumulative return in cash records $284,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,150/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
$840 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11249, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,590 (100%) |
| Owner Occupied HU | 2,614 (13.3%) |
| Renter Occupied HU | 15,015 (76.6%) |
| Vacant Housing Units | 1,961 (10.0%) |
| Median Home Value | $1,414,969 |
| Average Home Value | $1,413,021 |
Housing Distribution
Address Breakdown
Residential
18,160
Single Family
1,898
Multi-Family
16,262
Businesses
889
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