








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Brooklyn at 1579 W 8th St, Brooklyn, NY, 11204 at $980,000 posts ROI 10.01% with from $3,845/mo rent. Total monthly income equals $3,845/mo. Return on cash invested measures 10.01% and rental yield reads 4.71% at the current $980,000. Equity gained on principal adds $6,324/yr, and 5% annual appreciation supports $270,756 by year five. Five-year ROI prints 50.39% and total cumulative return in cash totals $162,468. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,845/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11204, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,306 (100%) |
| Owner Occupied HU | 8,047 (29.5%) |
| Renter Occupied HU | 17,747 (65.0%) |
| Vacant Housing Units | 1,512 ( 5.5%) |
| Median Home Value | $1,179,764 |
| Average Home Value | $1,219,030 |
Residential
23,034
Single Family
10,770
Multi-Family
12,264
Businesses
1,899
Date | Event | Price |
|---|---|---|
| 2024-10-24 | Price change | $980,000 |
| 2024-08-22 | Price change | $1,050,000 |
| 2024-07-26 | Listed for sale | $1,150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | N/A | N/A | $52,740 | -8.72% |
| 2022-02-13 | N/A | N/A | $57,780 | 19.48% |
| 2021-02-13 | N/A | N/A | $48,360 | 6.75% |



Listed by: Amy Koh • Coldwell Banker Reliable Real Estate
Mls Name: StreetEasy
Mls ID: #S1727882