1530 E 15th St APT 1B, Brooklyn, NY, 11230 | 7.23% Rental Yield

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1530 E 15th St APT 1B, Brooklyn, NY, 11230 | 7.23% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Brooklyn at 1530 E 15th St APT 1B, Brooklyn, NY, 11230 listed at $788,000 pairs $4,746/mo rent with a $3,857/mo payment. Total monthly income runs $4,746/mo. Return on cash invested measures 16.43% in year one, and rental yield registers 7.23% at a $788,000 basis. Equity gained on principal adds $5,085/yr, and annual property appreciation at 5% supports $217,710 by year five. Five-year ROI tracks 85.25% and total cumulative return in cash totals $221,000. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,746/mo property income relative to a $3,857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2005

N/A lot

$N/A/sqft

$268 monthly HOA

More details about the property

Welcome to this spacious 4-bedroom, 3-bathroom duplex condo in the heart of Midwood, one of Brooklyns most sought-after neighborhoods. Located just half a block from Kings Highway, youll enjoy immediate access to premier shopping, dining, and major transportation options. The upper level features a thoughtfully laid-out floor plan with two generously sized bedrooms, including a primary bedroom with its own private bathroom. A second full bathroom serves the additional bedroom and common areas. The modern kitchen flows seamlessly into the open-concept living and dining spaceperfect for entertaining or relaxing. The lower level offers incredible versatility, with a massive secondary living room, two more bedrooms, a half bathroom (with the potential to convert to a full bath), and a washer/dryer. With its own private entrance and interior stair access, this level is ideal for extended family, guests, or even a home office setup. Dont miss the opportunity to own this beautiful and unique condo in a location that truly has it all.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11230, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	30,949 (100%)
Owner Occupied HU	8,697 (28.1%)
Renter Occupied HU	20,273 (65.5%)
Vacant Housing Units	1,979 ( 6.4%)
Median Home Value	$998,288
Average Home Value	$1,138,275