1530 E 8th St APT 1HBrooklynNY11230
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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 1530 E 8th St APT 1H, Brooklyn, NY, 11230 uses $72,267 cash to close to unlock $8,667/yr annual cash flow and $722/mo monthly cash flow. Total monthly income runs $2,632/mo, and a $1,067/mo payment keeps the spread at $722/mo. Purchase price stands at $218,000, and rental yield measures 14.49% with $2,632/mo rent. Return on cash invested shows 31.9% in year one, and 5% annual appreciation builds toward $60,229 over five years. Five-year ROI reaches 170.56% and total cumulative return in cash records $123,259. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,632/mo property income covering a $1,067/mo payment rather than investor’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
$454 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
30,459
Single Family
8,234
Multi-Family
22,225
Businesses
1,883
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